State Street
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.
RBC goes macro with Severi
TORONTO – Andre Severi has joined RBC Capital Markets (RBC) as head of Canadian macro foreign exchange sales in Toronto, from State Street.
Trading Places, June 7, 2010
Read this week's Trading Places to catch up on people hires and departures across the FX world.
FXall targets Japan expansion
TOKYO – FXall continues to expand its presence in the Asia-Pacific region, with a key hire from Deutsche Bank in Tokyo.
Headhunters report temporary hiring freeze in wake of volatility
Headhunters on both sides of the Atlantic have reported a distinct slowdown in foreign exchange hiring as banks take advantage of the high level of volatility to make some much-needed profit, thus halting candidate interviews.
Briefs 17.5.10
Read this week's Briefs section to catch up on technology news.
Rieunier takes on options head role at Saxo
COPENHAGEN - Saxo Bank has hired Gustave Rieunier in a newly created position, global head of FX options and forward trading.
US forex back on form in first quarter
NEW YORK & BOSTON - Most US banks reported strong forex revenues in the first quarter this year versus last year, as the global markets start to recover.
Westpac targets real-money clients
LONDON & NEW YORK - Westpac is building up its coverage of real-money clients with two senior hires in London and New York.
Morgan Stanley continues expansion
US bank hires in the US and UK
Fritschi follows Jerome to Morgan Stanley
StanChart sees second bank sales departure
Citi adds two to FX
Citi continues FX build
Segregated accounts: an uneasy compromise
State Street last week became the latest bank to take advantage of counterparty risk fears on the buy side, extending its hedge fund administration services to include custody, cash management and forex.
Trading places
Trading places -- a summary of all of the most important people moves in the foreign exchange business.