Lehman Brothers

Coup for Morgan Stanley

NEW YORK - Eric Hirschhorn, formerly global head of technology at Citi in New York, has quit the bank to join US rival Morgan Stanley, sources tell FX Week.

Downes steps down at Citi

LONDON & HONG KONG – Nick Downes, head of FX bank sales for Europe, Middle East and Africa at Citi in London, resigned last week, according to market sources. Meanwhile, in Hong Kong, Stephenni Xie is reported to have joined Citi in FX sales.

Mass exodus from BarCap in New York

NEW YORK - Barclay Capital (BarCap) continues to haemorrhage forex sales staff as below-average compensation makes the bank’s employees prime recruitment targets, according to market sources.

Nomura to launch multi-asset trading

Nomura plans to add trading in interest rates swaps, credit and cash bonds onto its upgraded proprietary trading platform this year, as it introduces multi-asset trading capabilities, officials tell FX Week.

Soede joins BNP Paribas

BNP Paribas (BNPP) is building out its electronic commerce business with the hire of Thomas Soede as global head of e-commerce in London, the French bank announced on February 9.

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