Royal Bank of Scotland
RBS hires FX options head for Americas
Appointment follows the recent departure of Ian White, who joined Nomura as senior FX options trader on November 19
Roger Hawes exits RBS
Former head of Ficc e-commerce has left the bank, a year after he spearheaded the relaunch of its trading platform, RBSMarketplace
Credit Suisse e-FX sales co-head departs
The latest exit from Credit Suisse's FX sales team is its co-head of e-FX sales for the Americas
Citi hires Ceemea options trader from RBS
Citi has added Daniel Mitchell to its FX options team and made a number of hires in FX sales
Institutional FX salesman exits Deutsche
Deutsche loses an institutional salesman in Europe following a recent restructuring of the management of the institutional client group
BAML expands in FX sales
BAML has made three appointments to its FX sales team in Europe, including Tariq Haider who joins from SG CIB
China to widen RMB trading band again before end-2012
Further liberalisation of renminbi is on the cards in the near future, says senior RBS strategist
Contrarian euro view lands RBS on top
Strategists at RBS accurately forecast the euro would rally in the wake of the ECB's bond-buying announcement, but they expect it will begin to fall towards year-end
Concerns raised over Basel settlement risk guidance as consultation closes
The revised guidance on managing settlement risk could distort the FX market if implemented inconsistently, but should ultimately lead to greater use of CLS, say market participants
Renminbi will be fully convertible by 2015, says RBS
Analysts at Royal Bank of Scotland believe Chinese authorities have set themselves an implicit goal to make renminbi fully convertible within three years
Credit to remain a dominant theme in FX, says Traiana’s Coyne
Closer scrutiny of credit relationships has become a major trend in the FX market, leading to initiatives such as the Kill Switch, which has already been used to shut off the activity of a prime broker’s client, reveals Traiana chief executive Andrew…
Currency cliff-hedging
Imran Ahmad, emerging markets FX strategist at Royal Bank of Scotland in London, suggests a hedge against slowing US growth next year in the absence of a quick resolution to the US economy's fiscal issues.
BNP Paribas strategy trio joins RBS in Asia
Royal Bank of Scotland has hired three strategists in its Singapore office, all joining from French bank BNP Paribas
RBS head of FX strategy departs
Robert Sinche, global head of FX strategy at RBS in Stamford, has left the bank this week
SNB's continuing resolve drives creativity among Swissie traders
A year after the Swiss National Bank imposed a 1.20 floor on EUR/CHF to stem the appreciation of the Swiss franc, the minimum rate remains in place, driving traders to seek new ways to trade a currency afflicted by low volatility. Miriam Siers reports
Trading places, August 27, 2012
New appointments at Nomura, Rule Financial and DTCC, while HSBC loses a salesman
Trading places, August 20, 2012
New appointments at CIBC and Citi, while SunGard's Cristóbal Conde takes on a new role at a start-up technology provider
Nomura hires ex-RBS corporate risk business head
New appointment follows the departure of Georges Assi last month from his role as deputy global head of fixed income
Morgan Stanley e-commerce head joins RBS
Jeremy Smart last week joined Royal Bank of Scotland as global head of electronic distribution
Trading places, August 13, 2012
Departures at Citi, Deutsche Bank, Nomura and RBS, while Barclays appoints Sir David Walker as its next chairman
Trading places, August 6, 2012
New appointments at LCH.Clearnet, WMBAA, Forex Club and Calypso Technology
Credit Suisse FXPB sales director departs
Martin Bradford has left Credit Suisse, months after the exit of the bank's global head of FXPB
Trading places, July 16, 2012
New appointments at Deutsche Bank, Barclays and FxPro
Spotlight on: Beng-Hong Lee, Deutsche Bank
Deutsche’s head of offshore renminbi in Shanghai talks to Joel Clark about his role in leading the bank’s efforts in the new currency, and where he believes the biggest opportunities and challenges lie