BNP Paribas
Lloyds promotes Adam to head FX structuring
Jeremy Adam began his new role last month, having first joined Lloyds from Barclays Capital in October 2010
Faros Trading continues hiring spree
Tom Doyle joins the Stamford-based firm from Morgan Stanley in New York
Afme liquidity conference: Buy side urged to stand up and be counted on regulation
Speakers at Afme conference call on buy-side firms to join the sell side in lobbying regulators and ensuring the future market structure is appropriately calibrated
French banks switch forex strategists
Lauren Rosborough joins SG CIB from Westpac, following the departure of Michael Sneyd for BNP Paribas
Corporate hedgers count costs of volatility
Recent volatility in foreign exchange markets has created a tough hedging environment in major currencies, says British American Tobacco's dealing room manager
Boisson departs FX sales role at BNP Paribas
Francois Boisson is understood to be leaving the industry to focus on an entrepreneurial project
Chad Smith joins Faros Trading from RBS
Former bank sales head joined Faros on December 1 and reports to Brad Bechtel
BNP Paribas preps launch of Cortex single-dealer platform
French bank expects to launch its new platform early in the first quarter of 2012, following a 14-month development period
Trading places, December 12, 2011
Promotions and appointments at Advent Software, LCH.Clearnet, SGX and RBC Dexia
Lloyds hires Grubb to head algo trading
Howard Grubb joins Lloyds Banking Group from BNP Paribas
BNP Paribas hires Boehler to head institutional sales
Adrian Boehler will join in mid-December, having left HSBC in June
Credit Suisse hires head of FX trading
David Tait will join Credit Suisse from UBS in January, reporting to global head of FX Todd Sandoz
European banks report tough Q3 in Ficc
Q3 results at Barclays Capital, Credit Suisse and BNP Paribas suggest a difficult third quarter in Ficc, offset by strong FX performance
FX Invest Middle East: Volatility is tough and unsustainable, say managers
Delegates at FX Invest conference in Dubai discuss Japanese intervention, the value of emerging market currencies and their outlook on volatility
Banks continue to invest in FXPB, despite tough hiring climate
Widespread cost-saving initiatives and hiring freezes have led to a wave of high-profile redundancies in the foreign exchange market, but forex prime brokerage remains an area for investment because of the focus on clearing, say banks and recruitment…
Corporates fall on tough times
The recent volatility in foreign exchange markets has caused uncertainty for corporate treasurers and led to some changes in their strategies. How are banks helping corporates to tackle the current challenges and the increased costs that will result from…
Eurozone deal brings relief in FX spot and options
Risk sentiment appeared to make a comeback in FX markets yesterday as options volatility fell from record highs and the euro rallied in response to the deal announced after the Euro Summit in Brussels
Chase takes on head sales role at BAML
John Chase becomes Bank of America Merrill Lynch's new head for Europe, the Middle East and Africa corporate derivatives sales
BNP Paribas promotes Famery to replace Chase
Fabrice Famery assumed role of head of European corporate rates and FX in September
G-10 troubles fuel sell-off in EM currencies
Declining risk appetite and a flight to quality have driven a sell-off in some emerging market currencies and pushed up the cost of hedging, say participants
Urbanek departs BNP Paribas
Peter Urbanek worked in hedge fund sales in London
Electronic FX trading in Asia may switch to multi-dealer platforms
The Asian FX derivatives business is expanding rapidly, driven by increased participation from financial institutions and hedge funds. While single-dealer platforms have increased market share over the past few years, incoming regulation could force FX…
In Brief, September 19, 2011
Technology news from Citi, Integral, Gold-i and ForexManage announced in the past week
BNPP recruits Goodwin to head corporate sales in New York
Deron Goodwin’s appointment from RBS comes weeks after the departure of Clive Banks and John Chase in London