JP Morgan
London Stock Exchange Group boosts LCH stake
LCH’s activity has ballooned over the past 12 months, with its ForexClear platform clearing more than a trillion dollars’ worth of non-deliverable forward trades in August
US super-regionals step up FX game
Citizens Bank and SunTrust Bank have been expanding and investing more in their FX platforms and talent
Employees get deposition stay in FX antitrust case
Depositions and interviews with bank staff in benchmark rigging case delayed until December 8
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
BNP Paribas partners BestX
The French bank is the latest FX dealer to sign up to the firm's TCA services
JP Morgan clears first client NDF trade on ForexClear
The trade comes ahead of this month's widened bilateral margin rules
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
O’Hara promoted to head of PB and clearing, Americas at SocGen
John O’Hara will retain FXPB and clearing responsibilities
XTX moves to zero hold times
The liquidity provider eliminates discretionary latency buffers in the last look window when trading with direct counterparties on a disclosed basis
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
Yeang leaves JP Morgan for BofAML
California-based Yeang worked at JP Morgan for nearly 17 years
Cartel three out on bail after entering ‘not guilty’ pleas
Former senior currency traders released on combined $1.85 million bond and will return to court in November
JP Morgan wins appeal ruling against Patrice Ktorza
UK appeal tribunal sends Ktorza's lawsuit for unfair dismissal back to employment tribunal
‘Cartel’ three surrender as lawyers question efficacy of DoJ case
US DoJ presses on with Obama-era promises to prioritise prosecution of individuals and stop corporate wrongdoing
Eagle leaves JP Morgan
David Eagle had worked at the US bank since 2015
Citizens Bank hires two in FX sales
Rose Noritake joins from JP Morgan, Bryan Morales from Deutsche Bank
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
Pushack ditches JPM for Mandelzis
James Pushack has left JP Morgan's FXPB and clearing solutions sales team
Good start for US banks’ Ficc revenues in 2017
Most US banks see higher fixed-income, commodities and currency revenues in Q1, on a quarterly and yearly basis
CloudMargin hires two to expand sales and client base
The firm boosts its New York and London sales teams in the hope of attracting more sell-side business
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
US traders most likely to boost algo usage and EM participation
Globally, 38% of 200 FX traders surveyed by JP Morgan plan to extend their use of algorithms