Deutsche Bank
LCH SwapAgent completes first trades
Citi and Deutsche Bank executed the first trades, a Swiss franc-denominated interest rate swap and euro-denominated inflation swap
Dave Reid to join Deutsche Bank as global head of FXPB
He spent more than 10 years at Citi in a similar role
James Taylor joins BNY Mellon
Taylor is a key hire for the bank whose markets business is undergoing an FX transformation
G10 FX revenues sink to lowest since 2006 – Coalition
Revenues in H1 2017 fell to their lowest level since Coalition launched its Investment Banking Index in 2006
Deutsche Bank promotes Altunis to ICG co-head
Kenan Altunis previously headed the institutional FX sales team
Last look claims will happen on a case-by-case basis
Alpari’s last look claims against six banks are unlikely to be the last, lawyers say
Deutsche Bank research says more is not always merrier
Increasing the number of LPs in an aggregated environment can harm execution quality
Li and Lombardi join Credit Agricole CIB
The bank makes two senior hires in its global markets research division in New York
BNPP fine creates mark-up headache for Street
NYDFS fines the French bank $350 million, partly due to using hidden mark-ups
CLS appoints nine new directors to its board
The appointments raise the number of members on the board of directors to 23
Citizens Bank hires two in FX sales
Rose Noritake joins from JP Morgan, Bryan Morales from Deutsche Bank
BNY Mellon looks to re-enter FX prime brokerage, say sources
FX Week understands the US custodian is set to step back into the sector, as Jason Vitale joins the firm
JP Morgan tops Greenwich market share rankings
Citi falls into second place, as market share among top dealers is redistributed for second year in a row
Ekblom moves to Singapore with Deutsche
Kristian Ekblom also switches G10 options for EM options
DoJ closes investigation into Deutsche Bank’s FX activity
US regulator's action is a big win for the bank, but civil suits and a decision from the NYDFS are still pending
Coalition: JP Morgan still the top G10 FX investment bank in 2016
US bank maintains leadership position in Ficc space overall, with particularly strong showings in the Americas and Emea
Tim Power trades Deutsche Bank for Morgan Stanley
The FX options trader headed Deutsche’s G10 flow options
Mercer: Global Code is a great PR stunt; legitimises front-running
LMAX Exchange chief says the Global Code of Conduct is legitimising last look and pre-hedging, and its authors are misrepresenting the nature of discussions in the MPG
Lawyers to search files of 35 Deutsche Bank staff
Includes traders and others who were not part of the production of information given to regulators
Ficc revenues break downward trend in 2016
All US banks saw revenues grow, but results for European banks were mixed
Deutsche Bank loses motion to dismiss last look claims
Last look-related legal action against other banks could accelerate
Deutsche FX traders move on
Navandar goes to BlueCrest while Lewer joins Nomura
Deutsche sees insurance sector picking up structured products
Deutsche Bank wins Best Bank for FX in the Eurozone and Best Bank for FX Structured Products at the 2016 FX Week Best Banks Awards
Benda swaps Deutsche for Nomura
John Benda will focus on FX sales to Israel and the UK