HSBC
Employees get deposition stay in FX antitrust case
Depositions and interviews with bank staff in benchmark rigging case delayed until December 8
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
BNP Paribas partners BestX
The French bank is the latest FX dealer to sign up to the firm's TCA services
Mark Johnson's trial to start on September 25
Jury selection to begin in alleged front-running case; judge postpones original date by a week at status conference hearing
DoJ fears FX civil suit may compromise criminal cases
It moves for judge to stay staff depositions at seven banks for fear of witness intimidation
Investors must sue outside US to recoup FX losses, urge lawyers
Lawyers say the extent of collusion is clear, following recent settlements by five banks
HSBC nabs Randall and Somia
Dan Randall is set to join the e-Trading quant desk while Shamik Somia boosts the Stir Emea team
e-FX Awards: HSBC – Best e-FX Platform for Corporates
The banking giant now has the institutional space in its sights with e-FX platform Evolve
UK arrests Stuart Scott in HSBC FX front-running case
Ex-HSBC employee accused of wire fraud in case involving alleged front-running to make first court appearance on July 31
HSBC hires two and moves to build out FX prime brokerage
Ferretti will be responsible for structuring and developing FXPB, while Miller joins as head of institutional sales, Americas
Blau leaves Barclays to join HSBC
Russell Blau will focus on global macro fund FX sales in his new role
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
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
HSBC snags Citi’s chief dealer in New York
Brent Donnelly had been Citi’s chief dealer since March 2014
Rivelli joins HSBC
He will run the bank's FX options correlation book
HSBC's Zaimi ditches Asian FX for equities
Hossein replaces Patrick George as global head of equities
BestX signs JP Morgan and HSBC as TCA clients
FX analytics firm partners two major dealers for third-party transaction cost analysis
US indicts three in FX probe
Justice Department says the accused UK-based traders face a maximum of 10 years in prison and $1 million in fines
Ex-Barclays trader pleads guilty in price-fixing conspiracy
Jason Katz, a former EMFX trader at Barclays and BNP Paribas, pleads guilty in New York
China launches direct trading between renminbi and seven other currencies
The currency pairs will be allowed to trade within a 5% band on any given trading day
Spot FX cannot accept lower standards of behaviour
Although spot FX trades are not under its purview, the FCA has warned market participants to sharpen up their act
HSBC targets the top spot in FX and takes RMB title
HSBC has been voted Best Bank for the Renminbi, Best Bank for EM Asian currencies and Best Bank for FX in Asia-Pacific
James retires from HSBC, goes fishing
He spent his entire career – all of it in FX – at the bank
Goulet says goodbye to HSBC
Claude Goulet's responsibilities may be shared among his former superiors