BNP Paribas
BNP Paribas continues sales build
BNP Paribas is continuing to build up its sales coverage with two hires in London, the bank confirmed.
Global FX Division establishes FXPB
The Global FX Division (GFXD) of AFME/SIFMA/ASIFMA announced the formation of a working group to focus specifically on the challenges and issues surrounding global FX prime brokerage (FXPB) and to implement over-the-counter FX clearing for clients.
Trading Places, December 6, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
First offshore renminbi swaption accomplished in Hong Kong
The first offshore renminbi OTC swap option was carried out this week between BNP Paribas and HSBC in Hong Kong, brokered by Icap.
UBS hires in options trading
Swiss bank UBS has hired two new options traders to its Stamford trading floor, the bank has confirmed.
Custodians challenge FX prime brokers in clearing landscape
Custodian banks will become the biggest threat to FX prime brokers if clearing is introduced to foreign exchange, according to Jason Vitale, global head of dbClear FX - FX prime brokerage and clearing at Deutsche Bank.
RBS bucks downward FX trend
Royal Bank of Scotland (RBS) bucked the downward FX trend among dealers, reporting its first year-on-year rise in revenues in 2010 from its currencies and commodities division in the third quarter.
BNP Paribas live on Harmony Netlink by next week
BNP Paribas will go live on Traiana's Harmony Netlink by next week pending test results, according to Marco Baggioli, European head of FX prime brokerage at the bank in London.
Trading Places, November 8, 2010
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BNP Paribas hires Sinsheimer
Allen Sinsheimer has joined BNP Paribas as head of the institutional client group for Europe in London. He reports locally to Arne Groes, global head of fixed-income sales.
In Brief, 1 November, 2010
Read this week's In Brief to stock up on the latest technology news around the FX world.
BNPP: Euro value to drop following G-20 meeting
BNP Paribas (BNPP) has topped this week’s one-month forecast rankings with a bearish dollar stance amid threats of further quantitative easing (QE) from the Federal Reserve.
Spot FX faces clearing threat
Spot foreign exchange faces unnecessary clearing to avoid discrepancies on banks’ books, according to speakers at Global Insight Forum: The impact of regulation on the global OTC market, held in London on October 19.
BNPP names first member of new flow sales team
LONDON - BNP Paribas has hired Nezha Niyassi as the first member of the newly created FX flow sales team, developed to boost electronic flow.
Kemp named managing director at Afme FX division
The Association for Financial Markets in Europe (AFME) has named James Kemp as managing director of its recently formed global foreign exchange division.
Trading Places, September 27, 2010
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Banks bags top sales job at BNPP
LONDON – Clive Banks has been promoted to the new role of global head of FX and local market sales at BNP Paribas in London, the bank confirmed today (Tuesday 21).
BMo shakes up London FX
LONDON - Bank of Montreal Capital Markets (BMo) has reorganised its FX business, seeing the return of Lorne Gavsie, managing director in FX, to Toronto from London.
Trading Places, August 23, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
BNP Paribas builds in options in bid for top five position
NEW YORK & SINGAPORE - BNP Paribas has made three new FX options hires in New York and Singapore, the bank said on August 18.
BNP Paribas enters US retail market via Bank of the West
BNP Paribas is offering market-linked certificates of deposit to US retail investors for the first time through subsidiary Bank of the West
Interview with ex-AIG lynchpin on FX prime brokerage
Nathaniel Litwak, BNP Paribas' head of marketing for FX Prime brokerage for North America, speaks with FX Week reporter Farah Khalique