JP Morgan
Regulators slam banks with fines totalling $3.4 billion
Five banks have been ordered to pay total fines of $3.4 billion in relation to the global regulatory investigation surrounding FX benchmarks
Banks set aside more than $6 billion for FX fines
Large currency dealing banks prepare to draw a line under the global regulatory probe into currency markets as they brace themselves for fines
JP Morgan hires former RBS head of FX options, Americas
FX market veteran joins the US bank in a non-trading role
Volatility boosts Ficc revenues at banks as activity surges
US banks cite foreign exchange as source of success as volatility picks up, while trading platforms also report increased activity
JP Morgan promotes Emea FX sales head
Scott Hamilton adds new responsibilities to his rates role after Wacker is promoted at the US bank
Internalisation rates intact despite rising volatility
Extreme price swings could force some dealers to rethink their internalisation ratios, but conditions remain benign for now
FX Focus - The magic world of cash management
Several of the largest banks have merged treasury and FX desk services to help clients dispense with costly local currency accounts. Corporate treasurers have often viewed this as some form of alchemy, but the significant savings promised by banks seem…
Corporates waste millions on currency accounts
New product should reduce costly corporate currency accounts
JP Morgan appoints senior executive to new compliance team
US bank creates new team within the FX and rates unit, responsible for regulation and compliance
CME to expand paired delivery as banks rethink third-party CLS
As banks scale back provision of CLS settlement to exchanges and CCPs
Trading Places, July 7, 2014
Moves in FX sales positions at JP Morgan and Nomura, while GTX appoints business development head
JP Morgan names new FX options head
JP Morgan has turned to the head of FX options in Asia to fill the shoes of previous global head Kayhan Mirza who left in March
Markit to launch electronic service for FX options
Together with Barclays, Citi, HSBC, JP Morgan, Morgan Stanley, Nomura, RBS, UBS and Citadel
JP Morgan loses senior FX spot trader to Nomura
Paul Davenport is set to take on the role left by Bernard Singer at Nomura following his move to Citi
JP Morgan FXEM structure reflects current demand
The ongoing management reshuffle is intended to benefit clients who view FX and emerging markets under one umbrella
JP Morgan FX director exits in London
Iberian FX sales director leaves JP Morgan after six years at the bank to take a role at another firm
Banks create specialist teams in surveillance "over-reaction"
Banks have tightened their electronic surveillance measures for chatrooms, in a move traders say is creating fear and uncertainty
Institutional mobile trading on the rise, says JP Morgan
Institutional traders are embracing mobile trading
JP Morgan creates global co-heads of rates, FX, commodities and EM
Troy Rohrbaugh has once again expanded his remit at JP Morgan by taking on commodities and emerging markets alongside James Kenny
US banks benefit as European peers pull back from Ficc
European banks losing out to better capitalised and less regulated US counterparts, according to research
Kayhan Mirza quits JP Morgan for Goldman Sachs
Head of FX for Emea at JP Morgan is leaving the bank for rival firm Goldman Sachs as a partner
Scott & Scott takes lead in FX manipulation battle
US law firm Scott & Scott will be in charge of co-ordinating a FX class action lawsuit spanning the globe
Three depart JP Morgan's German FX sales team
Kroll, Langner and Rademacher leave JP Morgan
ParFX adds Citi and JP Morgan as founding members
Two more banks sign up as ParFx founding members