Citi
Citi expands investor sales in Asia Pacific
HONG KONG - Citi has made key hires in the Asia Pacific as part of efforts to expand its investor sales coverage.
Dealers target hedging activity in the Philippines
MANILA – While authorities in the West increase derivatives regulation, the Bangko Sentral ng Pilipinas has liberalised rules governing both hedging and yield enhancement markets in the past few years. Despite the challenges of penetrating a market…
Widmer out as Citi rolls in new e-commerce team
NEW YORK & ZURICH - Citi has established a new G-10 FX electronic commerce relationship management team, shortly after two senior FX managers resigned from the bank.
Trading Places, September 6, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Citi appoints Asia ex-Japan strategy chief
Citigroup appointed Patrick Perret-Green as head of FX and local markets strategy for Asia, ex-Japan.
Trading Places, August 23, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Interview with Udi Sela of SuperDerivatives
FX Week's Farah Khalique asks Udi Sela about the impact of increased regulation on foreign exchange traders
Deutsche in sales build-up
LONDON - Deutsche Bank has boosted its sales coverage of corporate and institutional clients with eight hires in recent weeks.
Trading Places, August 16, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
RBC hires European e-distribution chief from Citi
LONDON - RBC Capital Markets has hired Katherine Krebser as head of e-commerce distribution for Europe from Citi in London.
Lloyds hires new head of risk solutions
LONDON – Lloyds TSB Corporate Markets has hired Yuri Polyakov in London as head of risk solutions, reporting locally to Patrick Shone, head of structuring.
Standard Chartered expands in FX
NEW YORK & SINGAPORE - Standard Chartered has reorganised its trading desks in New York and made a key hire in Singapore, the bank announced on August 11.
In Brief, August 9, 2010
Read this week's In Brief to stock up on the latest technology news around the FX world.
BAML live on CLS/Traiana by October
NEW YORK - Bank of America Merrill Lynch is due to go live on the CLS/Traiana joint venture trade-aggregation service by October, making it the last of the eight founding banks to begin processing through the service.
Trading Places, August 9, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Wade's in at Deutsche Bank
NEW YORK - Deutsche Bank has boosted its electronic foreign exchange sales effort to corporate clients with a key hire from Citi.
Citi hires Margolis from Goldman Sachs
LONDON – Citi has hired Adam Margolis from Goldman Sachs to its foreign exchange sales team in London, according to market sources
Regulatory uncertainty hits US banks’ Q2 results
NEW YORK - Most US banks reported a slump in forex revenues in the second quarter this year versus last year, citing a drop in risk appetite and liquidity amid concerns over regulatory changes and the European debt crisis.
CitiFX Pro to launch in Singapore
SINGAPORE & LONDON - CitiFX Pro, Citi’s margin foreign exchange trading platform, will launch in Singapore soon, targeting small institutional clients, said Kevin Wilson, director of margin FX trading for Citi's institutional clients group in New York.
Trading Places, July 26, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Nomura becomes settlement member of CLS
LONDON - Nomura has gone live as a CLS settlement member and shareholder as of July 12, having previously used third-party settlement services from Citi, the bank announced on July 19.
Power to the high-frequency traders
Speakers at the FX Week USA congress held in New York last Tuesday (July 13) were resoundingly supportive of the role high-frequency traders (HFT) have had in ensuring liquidity in the market.
End-users support central clearing
NEW YORK - The push for central clearing is increasingly being driven by end-users seeking operational efficiencies, rather than regulators, according to Jason Vitale, global head of dbClear FX at Deutsche Bank in New York.