News
Deutsche rejigs Fic division
Arinc will continue to lead foreign exchange
Divanlıoğlu joins Saxo in Turkey
Divanlıoğlu is leaving X-Trade Brokers to head Saxo Bank's operations in Turkey
HSBC's Venkataraman steps into global FX options role
While Selene Chong takes a sabbatical after 14 years at the bank
Corporates face paper losses from renminbi slide
An intervention by China's central bank causes unrealised corporate hedging losses
New Zealand firms raise FX hedging amid elevated uncertainty
Survey shows an increase of more than 10% in FX forwards usage while micro-businesses are establishing hedging policies for the first time
EM nations react to Chinese renminbi move
Reference rate of dollar-pegged VND lowered and trading band widened as the central bank seeks to defend reserves amid fallout from CNY devaluation
IMF freezes SDR, but will still decide on renminbi this year
Decision comes a week after historic yuan devaluation
Individuals to come under fire in FX cases within a year
The outcome of the first Libor trial will have significant influence on FX investigations against individuals
TR Matching launches half-pip pricing in EUR/USD
And slashes data update frequencies to 100 milliseconds
China pauses renminbi devaluation
Move signals short-term rate is stabilising, but analysts warn the risk-off environment prompted by Tuesday's shock announcement could cause sell-off to escalate
Provenzano and Mellone join GTX sales team
Reporting directly to global head of sales John Miesner
Matsko joins Portware as head of FX
After leaving 360T, where he was head of sales for Americas
Wykes set to join Standard Chartered
After leaving Bank of America Merrill Lynch
Abyaneh leaves HSBC
FX options trader steps down to take time out of the market
Murray quits Citi
Nine-year veteran of US dealer is understood to be poised to take up a new role at another bank
CSC to acquire Fixnetix
A final deal between the two firms is expected in Q3 2015
Saha replaces Roy as CCIL risk chief
After Siddhartha Roy retires from the Indian FX clearing and settlement firm
Markit launches electronic confirmation services for FX
The service matches FX option trade terms to generate legally binding confirmations, recorded centrally
Tom Hayes found guilty of rigging Libor
The former UBS and Citi trader receives 14-year prison sentence
HSBC expands FX probe arsenal to $1.3 billion
The provisions relate to criminal enquiries by the US Department of Justice, the Federal Reserve Board and others
CLS develops cleared FX settlement service with LCH.Clearnet
Designed specifically for central counterparties and cleared FX products, the service aims to minimise risk in the industry
Thirlwall quits HSBC to rejoin Barclays
He returns to the UK bank after four years
Kyhl joins Saxo as chief operating officer
Kyhl will take on the new position in 2016, while Wegloop becomes chief experience officer in October
Killen quits Santander to join RBS
In his new role, Mike Kellen is working with Simon Manwaring again