LOOSE CHANGE

LOOSE CHANGE

FX Week/Syntegra's second annual Best Banks in FX Awards celebration went off with a 'Big Bang' last week at Stationers' Hall in London. UK treasury minister Angela Knight, MP, presented the awards at the Monday evening cocktail reception. Citibank took the bulk of the honors, capturing the best bank overall award, as well as best bank in the interbank market, best bank in New York, best bank in Hong Kong, best bank in dollar/mark, best bank for economic advice and best bank for prices via

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A view from the buy side: Calpers

Volatile markets have posed challenges for participants in the FX market across the globe. Eric Busay, portfolio manager at Calpers, talks about the Swiss franc, US dollar and regulatory change. By Farah Khalique

Ex-Lehman staff form action group

LONDON - A group of around 30 former Lehman Brothers employees in London have formed an action group seeking to win compensation from the collapsed US investment bank.

Solutions to rouble trouble

The rouble derivatives market developed in haste after further liberalisation of the currency in July 2006 and positive changes to the Russian Civil Code 1062, centring around the previous treatment of derivatives as gaming, in January 2007.

US lets China off the hook

WASHINGTON, DC - The US Treasury has cleared China of manipulating its currency to gain unfair trade advantages against the US.

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