UBS
Mass exodus from BarCap in New York
NEW YORK - Barclay Capital (BarCap) continues to haemorrhage forex sales staff as below-average compensation makes the bank’s employees prime recruitment targets, according to market sources.
BarCap launches onshore rates and FX trading in Australia
SYDNEY - Barclays Capital has launched onshore trading in rates and foreign exchange in Sydney, as part of plans to expand its domestic and regional presence.
UBS continues to bolster FICC group
HONG KONG & SINGAPORE - UBS has continued to expand its fixed-income, currencies and commodities (FICC) team with the hires of Andy Kleeger and Frank Suen, and the promotion of Gerald Chan.
Nomura to launch multi-asset trading
Nomura plans to add trading in interest rates swaps, credit and cash bonds onto its upgraded proprietary trading platform this year, as it introduces multi-asset trading capabilities, officials tell FX Week.
Amin finds new home with UBS
Kaushik Amin has been appointed head of fixed-income, currencies and commodities trading for the Americas
Trading Places, April 12, 2010
This week's people moves in the global FX market.
Morgan Stanley: Prioritising FXPB
Competition in the foreign exchange prime brokerage market remains competitive, as new businesses fill the vacuum left by the withdrawal of incumbent providers and clients spread counterparty risk following the 2008 credit crisis.
Morgan Stanley plays the Japan card
Morgan Stanley’s FX prime brokerage business has gained a strategic advantage in the Japanese market through a new partnership with Japanese heavyweight Mitsubishi UFJ Financial Group (MUFG).
BAML builds out UK corporate sales
LONDON – Bank of America Merrill Lynch (BAML) is expanding its UK FX corporate sales team with the hires of Matt Rolfe and Nick Hardy in London.
UBS loses three in sales
LONDON & STAMFORD, CT - UBS has lost three salespeople on both sides of the Atlantic in the past fortnight. All are due to set up shop at rival camps.
Trading Places, March 29, 2010
People moves
Milan derivatives fraud trial hinges on banks' sums
Technical arguments over derivatives valuation will determine the fate of the four banks facing an Italian mis-selling trial in May.
Morgan Stanley continues expansion
US bank hires in the US and UK
UBS unveils FX Trader Plus
Swiss bank rolls out first phase of e-FX system
Credit Suisse hires e-FX chief
UBS vet re-joins peers at Swiss rival
Structured products had strong finish to 2009, says Greenwich Associates
The global retail structured products market made a strong comeback at the end of last year, is poised to return to previous levels and might even grow in the near future, according to research by Greenwich Associates.
Fiscal policy could prove fatal for sterling
George Magnus, senior economic adviser, and Mansoor Mohi-uddin, chief currency strategist at UBS in London and Singapore respectively, join the UK policy debate
Trading Places, February 22, 2010
Trading places, people moves
UBS Q4 forex revenue fails to shine
A 2009 loss at the Swiss bank triggers a bonus clawback and, despite moving into the black overall in the fourth quarter, investment revenue from the FX division shrinks.
A sterling outlook?
FX Week sounded out the bears and the not so bearish on the outlook for cable and EUR/GBP over the next six to 12 months.
Commerzbank loses two in sales
Senior departures from Commerzbank continue
UBS bucks the trend on risk aversion
Currency forecast index
Operational efficiency pays off for UBS
Z/Yen releases survey results for 2009