Morgan Stanley
Patrick Pisapia leaves Nomura
Pisapia spent two years on the bank’s FX institutional sales desk
DoJ asks for discovery stay in benchmark case until ‘Cartel’ case ends
US tries to balance need to protect ongoing criminal investigations and lawsuits with civil attorneys’ desire for additional testimonies
Four join CLS board
Bonamy, Brady, Lawrence and Stolte become directors
G10 FX revenues hit two-year highs – Coalition
The first quarter of 2018 saw a reversal of revenue contraction seen in the last two years, with profits up 20%
Thomas to lead Morgan Stanley’s e-macro sales team
Matt Thomas was previously in Credit Suisse’s FX and rates electronic sales team at Credit Suisse
Citi reshuffles FX options team
Two options traders leave London and a new corporate salesperson arrives; Singapore office gains new options head
Kamrath joins crypto-tech company Rubicon
Ray Kamrath was previously the global head of FX at Jefferies
Lowe to join State Street as global head of trade services
She will report to Greg Fortuna, global head of GlobalLink Solutions, and David Newns, global head of GlobalLink Execution Services at SSGM
StanChart considers adding two members to FX team
It is understood the bank is looking at Haskins from HSBC and Tretola from Nomura
Dollar set for corrective rebound, says Morgan Stanley
Seasonal factors likely to push greenback higher as end of Japanese fiscal year nears
JP Morgan dominates G10 FX revenues for 2017 – survey
Coalition’s investment banking survey shows the US dealer garnering the highest revenues in the space; HSBC jumps to second place
Antitrust attorneys prepare to depose UK traders
Despite the court extending a partial stay on depositions until June 8, lawyers have been granted access to interview some UK-based people
Morgan Stanley hires Kristin Zekis
She will be running real-money sales from April
Ficc revenues tank at US banks
Revenues were dampened by low volatility throughout most of 2017, among other factors
Ullrich returns to State Street
David Ullrich will lead North American sales for FX Connect
FXSpotStream adds State Street as LP
Execution venue records highest-ever average daily volumes in January
Hancox and Pena exit Morgan Stanley
Dudley Hancox and Andrew Pena were senior members of the bank’s FX sales team
Klausen joins Parabellum as head of sales
Soren Klausen will be based in London and head up sales for the boutique ECN and broker
Third-quarter FX revenues slide further at banks
G10 foreign exchange continues its two-year decline amid low volatility
George in, Rae out at Morgan Stanley
Jacob George and Tom Rae are London-based FX options traders
Global growth could keep the dollar weak – Morgan Stanley
Strategists bullish on certain G10 pairs as they see strength three months out
Deutsche settles FX rigging case for $190m
Credit Suisse now the only holdout defendant in the case that involves 16 major banks
G10 FX revenues sink to lowest since 2006 – Coalition
Revenues in H1 2017 fell to their lowest level since Coalition launched its Investment Banking Index in 2006
Woods swaps BNP Paribas for Morgan Stanley
Ciaran Woods remains in FX sales, but moves from London to Hong Kong