JP Morgan
Morgan Stanley hires trading head in Asia
David Hong has joined Morgan Stanley as a managing director and head of FX and emerging markets trading for Asia, based in Hong Kong.
JP Morgan slashes commodities desks
Fate of other prop desks unclear ahead of enactment of Volcker Rule
Widmer out as Citi rolls in new e-commerce team
NEW YORK & ZURICH - Citi has established a new G-10 FX electronic commerce relationship management team, shortly after two senior FX managers resigned from the bank.
RBS hires in prime brokerage from BarCap
STAMFORD, CT - Royal Bank of Scotland is expanding the Americas coverage of its prime-brokerage business with the hire of Matthew Shuman to its fixed-income, currencies and commodities (FICC) prime brokerage team.
Citi appoints Asia ex-Japan strategy chief
Citigroup appointed Patrick Perret-Green as head of FX and local markets strategy for Asia, ex-Japan.
Morgan Stanley builds out structuring
Morgan Stanley has hired Stefano Diamantini from JP Morgan in London, in a bid to improve its FX structuring capabilities, according to market sources.
Thomson Reuters veteran to leave
Mark Redwood, president, sales and trading, in the markets division at Thomson Reuters in London, is due to leave by the end of the year, the company confirms.
Best at FX Bridge
ATLANTA, GEORGIA – Stephen Best joined FX Bridge Technologies as chief executive this month.
Trading Places, August 23, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Interview with Udi Sela of SuperDerivatives
FX Week's Farah Khalique asks Udi Sela about the impact of increased regulation on foreign exchange traders
Deutsche in sales build-up
LONDON - Deutsche Bank has boosted its sales coverage of corporate and institutional clients with eight hires in recent weeks.
Standard Chartered expands in FX
NEW YORK & SINGAPORE - Standard Chartered has reorganised its trading desks in New York and made a key hire in Singapore, the bank announced on August 11.
In Brief, August 9, 2010
Read this week's In Brief to stock up on the latest technology news around the FX world.
BAML live on CLS/Traiana by October
NEW YORK - Bank of America Merrill Lynch is due to go live on the CLS/Traiana joint venture trade-aggregation service by October, making it the last of the eight founding banks to begin processing through the service.
Trading Places, August 9, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
HSBC in second senior trading hire
LONDON & HONG KONG – HSBC has announced another senior trading hire this week, this time in Hong Kong, confirmed a bank spokesperson.
Trading Places, August 2, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Regulatory uncertainty hits US banks’ Q2 results
NEW YORK - Most US banks reported a slump in forex revenues in the second quarter this year versus last year, citing a drop in risk appetite and liquidity amid concerns over regulatory changes and the European debt crisis.
Trading Places, July 19, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
CBA gains Plesser in senior sales hire
NEW YORK – Commonwealth Bank of Australia (CBA) has appointed Paul Plesser from HSBC as its new head of foreign exchange sales for the Americas in New York, confirmed a spokesperson.
Trading Places, July 12, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
RBC hires new head of EMEA strategy
LONDON – RBC Capital Markets (RBC) has hired Robert Beange as a managing director and head of strategy for Europe, the Middle East and Africa (EMEA), it announced on June 28.
Trading Places, July 5, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Asia lukewarm to renminbi despite dollar-depeg
Importers and exporters that trade with onshore Chinese companies are having second thoughts about using the renminbi to settle their trades in place of the US dollar.