Deutsche Bank
Euro will survive and RMB will be convertible by 2017, say industry leaders
Speaking in the final panel discussion at the FX Week Europe conference, senior market participants made their predictions about how the FX market will evolve over the next five years
Deutsche creates Fic division under Amrolia and Felson
Zar Amrolia and Wayne Felson have been appointed co-heads of a new fixed income and currencies division at Deutsche Bank
Taking HFT to task
As a small group of high-frequency traders (HFTs) rise to prominence as market-makers in spot FX, the reliability of their prices during times of market stress has been called into question – so much so that electronic trading platforms are taking steps…
Integrate to accumulate
Increased volatility, lower availability of credit and emerging market expansion is accelerating the integration of cash management and FX, says Laurence Neville
Confirmation of US Treasury FX exemption brings relief to dealers
After two years of consideration, the US Treasury confirmed its decision to exempt FX swaps and forwards from mandatory clearing and exchange trading on Friday evening
Best Banks 2012: Kevin Rodgers talks to FX Week
Kevin Rodgers, global head of foreign exchange at Deutsche Bank, the winner of this year's Best Banks Awards survey, talks to Joel Clark about the challenges the bank has faced in 2012
Doing more with less volatility
The winners of this year's Best Banks awards are those that have proven themselves capable of winning business even when markets are less volatile
Best Banks 2012: Deutsche holds top spot for fourth year
Deutsche Bank and Citi remain in first and second place in this year's market survey, while Barclays has risen to third place
Deutsche Bank takes first place as volatile market calms
As volatility diminished substantially in 2012, Deutsche Bank has held onto its top position in the Best Banks survey and clinched six additional awards this year
Citi hires Ceemea options trader from RBS
Citi has added Daniel Mitchell to its FX options team and made a number of hires in FX sales
Institutional FX salesman exits Deutsche
Deutsche loses an institutional salesman in Europe following a recent restructuring of the management of the institutional client group
The jewel in the crown
Despite sweeping changes at a number of investment banks to prepare for regulation and changing market conditions, FX remains a core business for most top-tier banks
Basel proposal to capitalise settlement risk ‘unnecessary’
In comment letters published this week, banks have taken issue with Basel Committee guidance that would capitalise post-execution exposure to settlement risk
Banks face up to fragmented clearing landscape in Asia
In preparing for mandatory clearing, the priority is to ensure all CCPs across Asia adhere to the same set of standards, says Deutsche's David Lynne
HSBC reshuffles institutional sales management
Claude Goulet promoted to head of institutional FX sales in Emea, as Chris Smith joins to head hedge fund sales
FX to remain a 'cornerstone' of streamlined UBS
Swiss bank admits FX revenues declined during Q3 but vows FX will be a core business in its downsized investment bank
China to widen RMB trading band again before end-2012
Further liberalisation of renminbi is on the cards in the near future, says senior RBS strategist
Deutsche reshuffles institutional FX sales management
Deutsche Bank has appointed four institutional sales heads in Europe under global head Kenan Altunis, following his recent promotion
FX Week Asia: Emerging markets FX moving electronic, say bankers
Client demand for electronic trading in emerging market currencies has risen in recent years, but more progress must still be made, according to senior traders in Asia
Basel and Iosco under pressure to exclude FX from margin rules
Industry response to proposals released in July on margin for uncleared swaps put pressure on regulators to carve out FX swaps and forwards
Trading places, October 15, 2012
New appointments at Westpac, Icap, HKSI and LGIM, while Goldman Sachs loses in FX sales and regulatory expert departs Deutsche Bank
BAML appoints Deutsche veteran to head Asia global markets
Loh Boon Chye, formerly head of corporate and investment banking for Deutsche Bank Asia-Pacific, is to join Bank of America Merrill Lynch
More FX platforms to come, says Celent
A new research report from Celent predicts more platforms will launch in the FX market, and that the single-dealer platform will continue to gain in popularity
JP Morgan’s Rohrbaugh appointed chair of global FX division
Troy Rohrbaugh, JP Morgan's head of FX and rates, succeeds Zar Amrolia as chair of the industry's global FX division