News
Ramchandani: chatroom put interest of banks above greed and profit
Former Citi trader ready to drop US lawsuit if reinstated by Citi
Z.com Global Markets to launch prime-of-prime service
The firm will wind down its retail arm by the year-end
Katz pushed complicated trades off on Aiyer
Former Barclays trader lost large trade when defendant delayed pricing it for him
Ramchandani seeks reinstatement at Citi in unfair dismissal case
Judge says statutes require the court to consider such a request over compensation
Baggioli appointed COO at M-DAQ Group
Former global head of FX prime brokerage at BNP Paribas has been promoted
Benoît Coeuré to head BIS innovation hub unit
Senior ECB official is highly regarded for work on payments and has warned of need for change
Integral and Jefferies partner to cut buy-side costs with TrueFX
By centralising credit, liquidity and technology, costs could drop by up to 80%
Singapore develops multi-currency blockchain network
Prototype developed in tandem with JP Morgan and Temasek enables payments to be carried out in different currencies
R5FX: rupee NDF volumes will grow after CNH-type setup
Offshore rupee trading will increase despite RBI’s move to encourage onshore trading, it is claimed
Katz: 'I couldn’t compete with Aiyer'
Former trader said Akshay Aiyer had more resources and that he would sometimes quote the defendant’s prices
PBoC to rein in fintech firms after President Xi praises blockchain
Central bank will verify blockchain-compatible products in bid to ensure financial stability and curb speculation
Deutsche offers trade info to China FX clients via WeChat
The bank looks to extend this feature to other asset classes in the future
Lauerman joins Oanda as business solutions head
Saxo Bank's former global head of electronic distribution moves on after seven years
FX cartel UK class action case receives nod to proceed
UK judge sets timetable of hearings to be heard
ECB: Libra a “black hole” of legal certainty
But current global standards fit for purpose to underpin digital assets
Jason Katz: ‘I wasn’t ready to admit what I had done’
Taking the witness stand, former trader admits he was initially untruthful to DoJ
IMF praises Bank of Mexico for not intervening in FX market
Peso strengthens against regional peers
Hassan joins Nomura in sales
During an FX sales career spanning the Americas, Europe and Asia, Hassan has worked at Mirexa and StanChart
Chris Smith to exit HSBC
Currently on gardening leave, Smith is set to leave the UK bank soon
Hrvatin becomes chief risk officer at CLS
Former Citigroup op risk head joins utility last month
Cummins walks back co-ordination comments
Chris Cummins confronts insecurity with certain currencies and trading styles as defence pulls back curtain on chat snippets
Argentine central bank restricts crypto asset purchases
Central bank continues with measures to resist peso’s decline by curbing digital assets
Cummins: ‘I didn’t surrender all the details’
Key witness in criminal case against Aiyer admits lying after agreement that his words won’t be used against him at a subsequent trial
Turkish central bank supplies lira through stock exchange
Governor acknowledges unconventional short-term liquidity provision, as traditional repo operations come to a halt