City of London
Yates lands new role as BarCap strategist
Sara Yates has joined Barclays Capital (BarCap) as a strategist on its London-based FX strategy team. She reports locally to Paul Robinson, head of European FX research.
Lloyds strengthens structuring team with new hires
Phil McCabe joins Lloyds as head of client structuring in FX rates and commodities. He is based in London and reports directly to Patrick Shone, head of structuring.
BMo shakes up London FX
LONDON - Bank of Montreal Capital Markets (BMo) has reorganised its FX business, seeing the return of Lorne Gavsie, managing director in FX, to Toronto from London.
City bonuses back in different guise
Bonuses are back but with greater tie-in, finds research
TD Securities shuts London trading floor as fire hits
Canadian dealer shifts trading to alternative locations
UK's FXJSC puts brakes on forex CCP
The London Foreign Exchange Joint Standing Committee (FXJSC) has ruled out the immediate need to implement a central clearing facility to manage counterparty risk (a CCP) in foreign exchange, citing a series of mismatches in market conventions in a white…