Royal Bank of Scotland
FX swaps and forwards headed for exemption, argues former bank clearing head
John Wilson, who left RBS earlier this year, expects FX to be exempted from clearing but expresses concern about outstanding issues in US and EU derivatives legislation
Treasury timeline on FX exemption decision still unclear
Market participants divided on whether the agency is likely to exempt swaps and forwards from Dodd-Frank clearing requirements
TD Securities hires Steve Smith in FX sales
Former Credit Agricole salesman joined Canadian firm on March 1
RBS hires O’Brien from BAML
New FX sales director will expand platform to real-money clients
Trading Places, February 14, 2011
Read this week's Trading Places to catch up on people moves across the FX world.
BNP Paribas restructures FX business in New York
BNP Paribas is continuing to restructure its FX business in New York, according to a senior official at the bank.
Trading Places, January 24, 2011
Read this week's Trading Places to catch up on people moves across the FX world.
RBS targets US growth
Royal Bank of Scotland has topped this week's 12-month historical index by maintaining that the global recovery would not be derailed by intensifying problems in the eurozone periphery.
Yield strategy wins out in 2010
Currency managers using the yield strategy would have been top performers in 2010, indicates research from Royal Bank of Scotland. The bank’s naive simulations of currency strategies found that the yield strategy generated 8.9% last year and 5.3% in…
New year, new faces at RBS and UniCredit
Royal Bank of Scotland has hired Eric Robin to head FX bank and institutional sales for Europe, focusing on European asset managers and banks.
BNP Paribas continues sales build
BNP Paribas is continuing to build up its sales coverage with two hires in London, the bank confirmed.
RBS appoints new head of North America trading
Royal Bank of Scotland has appointed a new head of North America trading for G-11 spot foreign exchange.
Value strategy up in November
Currency managers employing the value strategy are likely to have been the only managers to have generated positive returns in November, as the US dollar posted strong gains across all currencies, indicates research from Royal Bank of Scotland.
Corporates assess their hedging options
Ben Nicklin, FX structurer at Royal Bank of Scotland in London, looks at the rise of option-owning corporate hedging strategies
UBS restructures European forex sales
UBS has strengthened its sales offering with a key hire amid an overhaul of its European sales structure.
Trading Places, November 22, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Morgan Stanley loses options trader in London
Andrew Mayer, an executive director at Morgan Stanley and member of the bank's options business in London, has left the bank, according to market sources.
Citi builds private banking with Schmeja
Former RBS and Deutsche chief joins US dealer in private banking push
Gorra leaves RBS
Peter Gorra, head of G-11 foreign exchange spot trading for the Americas at Royal Bank of Scotland, has left the bank, according to market sources.
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.