News
Trading Places 07/03/2014
Citi hires Daniel Hanson as Ceemea FX options director
European Parliament to lay out final offer on bank resolution
Parliament tries to force Ecofin’s hand after a breakdown in negotiations
Santander promotes Pelizzoli to global head of FX trading
Marco Pelizzoli has assumed responsibility for FX trading at the Spanish bank, as Mike Killen takes over Simon Manwaring's former role
Three-quarters of FX volumes now executed electronically, say Greenwich Associates
Deutsche Bank, UBS, Citi and Barclays now collectively handle almost half of overall global flows as electronic execution in G-10 hits 79% and 56% in emerging markets currencies
RBS internalisation levels hit 90% in EUR/USD
The Royal Bank of Scotland has revealed details of the extent to which it internalises certain currency pairs, which it claims is a better deal for clients
CLS appoints Ken Harvey as chairman of the board
Harvey will take over from Hartsink later this year as chairman of the board, when Hartsink retires after seven years
Kayhan Mirza quits JP Morgan for Goldman Sachs
Head of FX for Emea at JP Morgan is leaving the bank for rival firm Goldman Sachs as a partner
ANZ bolsters e-FX team with two senior hires
Davies to head e-FX sales based in Singapore, while Malin will be head of European and US e-FX sales in London
Nick Howard resigns from Barclays
Nick Howard has resigned from Barclays as head of distribution in Emea to pursue other interests
FCA best execution review puts 40 firms under spotlight
The FCA's review into best execution practices is set to reveal further malpractice in the retail FX market, say participants
Bank of England informed of fixing concerns in 2006
Chief dealers' sub-group reveals concerns about acitivity surrounding FX benchmarks and the methodology of the 4pm fix
Citi hires FX options director
After more than a year out of the market, Daniel Hanson has joined Citi on its Ceemea FX options desk
Bank of England suspends staff member in FX probe
The FX probe has taken its first central bank casualty today, as the Bank of England has suspended a staff member following an internal review
FXCM goes on offensive after £4 million FCA fine
The retail FX broker has criticised other firms in the industry for not passing on price improvements to clients in the week it was fined by the FCA
Integral claims against EBS's Tolat rejected in US court ruling
US court rules in Viral Tolat's favour after 14-month legal battle
Fixing law suit to be tried as cartel case - court transcripts
Trial direction revealed by transcripts of a court hearing in the class action brought against major banks
Head of FX exits Solo Capital
Mankash Jain has left his role at the buy-side firm after more than two years
CIBC hires FX options head for Asia
The Canadian bank has taken on Natixis's FX options head for Asia
Migration from multi-bank platforms set to continue as fees mount
High fees in low-return environment pushing banks to alternative liquidity distribution channels
UK and Singapore set up RMB private sector working group
Offshore RMB development to be hot-housed by UK and Singapore forum
Buy side to file consolidated complaint in FX probe on March 31
A class action law suit against some of the world's largest banks is set to gather steam in weeks
FX Invest Europe: Denison calls for more innovation in FX fund management
Keynote speaker at FX Invest Europe says FX managers too often stuck in a rut
FX Invest Europe: Deutsche Bundesbank official praises Fed’s QE exit strategy
Christine Glockmann says other central bankers may copy Fed’s communication over QE tapering in 2013