Lehman Brothers
SocGen strengthens strategy team
Société Générale has strengthened its foreign exchange strategy team with three new hires in London, following the departure last year of senior FX strategist Valentin Marinov in London.
HKEx moves to introduce margins for cash clearing members
HKEx plans to beef up its risk management following the bankruptcy of Lehman Brothers in September 2008 by introducing margin rules and seeking more funds from cash clearing members. The move would bring cash clearing more in line with existing…
New year, new faces at RBS and UniCredit
Royal Bank of Scotland has hired Eric Robin to head FX bank and institutional sales for Europe, focusing on European asset managers and banks.
Nomura builds out with smartTrade
Nomura went live with smartTrade Technologies’ liquidity management system (LMS) in November for its electronic FX trading business, with plans to scale the technology across other asset classes.
BarCap loses emerging markets chief in New York
Barclays Capital has lost its emerging markets trading chief in the US, amid speculation of a replacement.
BarCap still number one for e-FX
Barclays Capital held onto its crown as best bank in electronic trading for the third year running, while also moving up to first place for currency options and post-trade services categories.
Fleschler resurfaces at Goldman Sachs
Robert Fleschler, formerly global head of electronic FX sales and distribution at Lehman Brothers, has joined Goldman Sachs as vice-president of e-FX sales for the Americas.
SocGen hires two in trading
LONDON - Société Générale hired two new foreign exchange options traders in London last month, confirmed an internal source.
Trading Places, October 11, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Ban on rehypothecation could increase derivatives costs
Investors have become more aware about the security of collateral since the collapse of Lehman Brothers. A number of hedge funds are now insisting margin posted on derivatives trades is not rehypothecated – a trend that could drive up costs. By…
Asia-Pacific CVA Forum: Singapore live with CVA, Korea next?
Domestic banks in Singapore are starting to set up CVA desks at the behest of their regulator, but elsewhere in Asia there are significant obstacles to CVA.
15 minutes with: Stacy Williams, HSBC
Senior quant discusses the high levels of cross-asset correlation across today's markets
Westpac builds out staff globally
Westpac has made a series of hires in London and New York to better support its clients in the northern hemisphere, said Richard Attrill, the bank's London-based head of FX, commodities, carbon and energy for the UK and Europe.
Citi expands investor sales in Asia Pacific
HONG KONG - Citi has made key hires in the Asia Pacific as part of efforts to expand its investor sales coverage.
Trading Places, August 23, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Trading Places, August 16, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Trading Places, August 2, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Trading shuffle at TD Securities
LONDON – TD Securities has made a spot hire but also replaced a recently departed options trader, confirmed Mark August in London, managing director and head of FX sales and trading for Europe in London.
BarCap hires in correlations
LONDON – Barclays Capital (BarCap) has hired Leo Cabral to head its correlations desk in London.
Trading Places, July 19, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
BlackTree live on dbSelect
LONDON - BlackTree Investments, a London-based currency manager founded by an ex-Lehman Brothers fixed-income team, has gone live on Deutsche Bank’s multi-manager managed account platform, dbSelect.
RBC hires new head of EMEA strategy
LONDON – RBC Capital Markets (RBC) has hired Robert Beange as a managing director and head of strategy for Europe, the Middle East and Africa (EMEA), it announced on June 28.
Trading Places, June 28, 2010
Read this week's Trading Places to catch up on people moves across the FX world.