News
OCC suspends Johnson from markets
He pleaded not guilty to alleged felony charges in August, but OCC says the charges involve dishonesty and breach of trust
Kendrick heads to Standard Chartered
He joins the UK bank from Morgan Stanley
Rae heads to Barclays
He joins the UK bank from Goldman Sachs
Alpha FX appoints Kidd as CFO
Icap's former Emea CFO joins the UK corporate FX brokerage
Benda swaps Deutsche for Nomura
John Benda will focus on FX sales to Israel and the UK
China’s FX reform hit treasurers the most – JP Morgan survey
Senior financial executives from more than 100 global and regional corporates responded at Asia-Pacific Treasurers Forum
Renminbi's global share of payments slides
China's currency holds fifth place globally, but overall share shrinks again, Swift says
Schirm swaps Commerzbank for Barracuda
He leaves the German bank for the Ireland-based management software provider
Failure to own and timely settle intercompany transactions leaves firms open to FX and tax risks
Failure to own and timely settle intercompany transactions leaves firms open to FX and tax risks
FCA proposes standardised transaction cost measurement
It proposes placing a duty on asset managers to disclose aggregate transaction costs to investing pension schemes
Burt and Jerrom join BGC Partners from RJ O'Brien
They take on new roles after working as brokers for three months in listed FX futures at RJ O'Brien
Lack of regulatory clarity on key issues hampers preparation
Despite booming business, technology vendors find clients struggle to say what they need to comply with coming rules
Berntsen replaces Rojas as Americas CEO at StanChart
As Rojas moves on, Berntsen will also head up corporate and institutional banking for the Americas
Automated payment systems in high demand for UK businesses
Afex survey shows 44% of UK companies expect to increase global payments
Dahlström, SEB's global head of FX spot exits
Markus Dahlström leaves the Swedish bank after 15 years, two of which he spent at the helm of spot trading
ADS Securities to pull back from London, Watson resigns
ADS Securities London will become regional base, redundancies on the cards
FastMatch hires Thomas as sales director
Firm pushes ahead with build out of its New York sales force
Ex-Citi Soliman launches new PoP venture
Backed by New Zealand-based Stater Holdings, the firm is targeting sub-$50m hedge funds and retail brokers
FastMatch partners TradAir
Trading venue will target institutional clicker traders to diversify liquidity and boost volumes
Australian authorities ban Deutsche FX trader for life
Andrew Donaldson tried to hide losses with false entries and inflated the bank's revenues by 28 million euros
Rivelli leaves Brevan Howard
Chris Rivelli leaves the firm after only a year
IPC to onboard FastMatch to its FX Hub
The move provides market participants on the IPC ecosystem with access to FastMatch's trading platform and other services
Morgan Stanley grabs Abiola for FX sales role
Aki Abiola joins from Bank of America Merrill Lynch
Yaroyov heads up e-markets distribution at Sberbank CIB
Vladimir Yaroyov joins from Moscow Exchange, where he was head of FX