BAML maintains balance in real money
Lyndsay Glynn has left the US bank in London, where she had worked for five years, having joined through the acquisition of Merrill Lynch. She reported to Graham Wintersgill, head of institutional sales in London.
Glynn has previously worked at Westpac and Dresdner Kleinwort in institutional FX sales and has experience on the buy side, having worked at Fidelity Investments (FX Week, September 8, 2003). It is not clear yet where she is moving to.
Meanwhile, in New York, the bank has hired
More on Foreign Exchange
Average reported daily UK FX turnover hits record high
Daily turnover of $2,881bn in October 2019, up 2% from previous high of $2,821bn in April
PBoC injects 1.2 trillion yuan as markets plunge
Chinese central bank eases to support economy as coronavirus spreads; Q1 GDP growth could drop to 4%
Spot volumes on platforms resumed downward trend in 2019
But an uptick was seen in FX swaps and forwards submitted for settlement
PBoC extends market closure as coronavirus spreads rapidly
Chinese central bank extends interbank markets closure and vows to maintain ample liquidity
