Citi
Industry pushes back on Citi’s FXPB cost claims
Rivals question apex brokerage’s calls for executing brokers to make up mispricing shortfalls caused by incoming rules
Ashton lands at Corellian Global Investments
After successfully fighting price-rigging charges in US, Christopher Ashton educates market participants on conduct issues
Traiana boosts risk controls for FXPBs
Providers can be more specific about the risks they are willing to take
US bank Ficc revenues rebound in Q1
US banks saw triple-digit growth in Q1 compared with Q4, but Ficc revenues remained lower than a year ago
FXPB global head Knight exits Citi after 18 years
Banamex veteran Brachet is also leaving the bank
Citi sets up pricing engine in Singapore
Move by US bank consolidates city-state’s position
Capitolis onboards more than 20 firms to FX novation service
Platform live and novating FX options for market participants, with more instruments to follow
The ‘Cartel’ three: not guilty, but still paying a penalty
Despite their acquittal, the former FX traders face obstacles in trying to rebuild their careers – meaning the DoJ didn’t fail, says one expert
Perkins promoted to lead FXPB as Citi shakes up prime
Christopher Perkins also runs the US bank’s OTC clearing business
Gill to head Asia-Pacific G10 FX trading for Barclays, Singapore
UK bank’s second senior FX hire in as many months in the city-state
US banks’ Ficc revenues nosedive in Q4 2018
Biggest drops seen between third and fourth quarters last year
Citi names Livingstone as Emea chief executive, Lathrop heads CBNA
Both men assume the roles of retiring chief executives
Leung joins State Street algo team
Mary Leung moves to the bank from Deutsche Bank
JP Morgan triumphs at 2018 FX Week Best Banks Awards
US dealer keeps top place, after taking the crown from Citi in 2017
Best Banks Awards: Citi
Citi comes second overall, picking up seven accolades, at the 2018 FX Week Best Banks Awards
Johns swaps Nomura for Capula
William Johns worked at the Japanese bank for seven years
European FX lawsuit may follow soon, says source
Institutional investors filed a lawsuit in NY against 16 banks on November 7, which could be followed by European complaint
US banks’ Ficc earnings drop in Q3
Only Citi managed growth versus second quarter and Q3 2017
FX Cartel traders found not guilty
“We all came to the conclusion that we didn’t think the prosecution had enough evidence,” a juror tells FX Week
Jurors begin deciding fate of FX Cartel
UK nationals face 10 years in prison if convicted of alleged price-rigging
Judge denies FX Cartel mistrial request
Judge Berman reserves making decision on defence’s motion for acquittal due to lack of evidence
‘You can’t game the fix,’ jurors hear in FX Cartel trial
Melvin says if the three traders wanted to game the fix, they couldn’t have chosen a worse time because the market is too liquid then
FX Cartel defence seeks mistrial after Gardiner’s testimony
Counsels claim “highly prejudicial” line of questioning from US has created “irreparable prejudice”
Gardiner faces cross-examination
Defence uses data and audio calls to show the accused men traded independently – piercing holes in Gardiner’s testimony