Royal Bank of Canada (RBC)
The Canadian dollar: to hedge or not to hedge?
The Canadian dollar weakened significantly against the greenback in the last two weeks of September, moving from parity on September 21 to 1.0461 on September 30. Farah Khalique talks to currency strategists about what’s driving the Canadian dollar’s…
RBC to roll out cross-asset e-trading platform
RBC DX will replace incumbent platform and cover FX, fixed income, money markets and deposits, officials tell FX Week
Sterling: an old story gets interesting
Sterling has declined in popularity in recent times, but deteriorating economic conditions elsewhere mean it has started to look more attractive, argues Elsa Lignos
Trading Places, September 5, 2011
A round-up of the latest movers and shakers for the week commencing September 5, 2011
Thaker quits Bank of America Merrill Lynch
Global head of structured rates and currencies trading Neh Thaker leaves bank
Greece’s second bailout met with relief
Traders and strategists believe latest rescue package is a positive development, but expect further pain ahead as it is implemented
RBC takes issue with yen weakness
Canadian bank predicted USD/JPY would go down rather than up, landing it at the top of one-month forecast rankings
Trading Places, June 20, 2011
Senior FX departures from Santander and HSBC, while Caplin appoints general manager for new Hong Kong branch
King to co-head spot trading at RBC
Ex-BAML spot trader will co-head RBC’s spot desk, reporting to Ed Monaghan
Renminbi set to outdo yen in offshore trade, brokers say
Liberalisation of Chinese currency laws is attracting investors to a fast-developing market
Bank race for offshore renminbi gathers pace
RBC Capital Markets goes live with CNH platform as Deutsche Bank claims new records
RBC hires Peter Hirsch from StanChart
Three others also understood to have left StanChart's FX sales and trading business
Deutsche and Barclays sweep into CNH derivatives
Banks both now offer offshore renminbi trading in spot, forwards and swaps on their FX platforms after new launches over the past fortnight
Dollar weakness: Passing fad or long-term reality?
The weakness of the US dollar has been a dominant theme so far in 2011, with many strategists predicting the currency will remain on a weak footing for some time. Miriam Siers speaks to currency strategists about the prospects for the dollar in the…
CBA hires four in London and Sydney
Héritier and Hellard join in London sales, while Loong and Pruscino join in Sydney
UBS loses Portlock in Singapore
Head of spot FX trading leaves the Swiss bank
Darling to join CIBC in London next week
RBC's former emerging markets head bound for CIBC
Dustin Reid installed at BBVA as head of FX strategy
BBVA has hired Dustin Reid as its global head of foreign exchange strategy in the market and client strategy team based in New York, the bank has confirmed.
Trading Places, February 7, 2011
Read this week's Trading Places to catch up on people moves across the FX world.
RBC to roll out decimalisation on FX Direct
RBC Capital Markets plans to launch decimalised pricing in the second half of the year on its single-dealer platform, FX Direct, bringing it into line with banks including Deutsche Bank, Royal Bank of Scotland, Citi and Barclays Capital.
Contrarian view boosts RBC to top of the 12 month rankings
RBC Capital Markets (RBC) topped the 12-month currency forecast rankings by maintaining its contrarian view on yen and Swiss franc strength.
Trading Places, December 13, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
RBC rebuilds sales team, adds FX veteran Baune
Royal Bank of Canada is continuing to bolster its global sales force, with the hire of an industry veteran in London.