Standard Chartered
BMO hires Santa-Maria and Brichkowski in New York
Steve Santa-Maria hired as managing director for institutional business, while Robert Brichkowski joins as MD for real-money FX sales
Chan joins CIBC from Standard Chartered
Kenny Chan joins CIBC in FX sales from Standard Chartered
Trading like it’s 2008
Foreign exchange markets in 2011 continue to show parallels to 2008, but the economy is unlikely to slip back into recession and Asian currencies look set to benefit from broad-based US dollar selling. Callum Henderson looks at the key similarities…
CNH deliverable forwards in Hong Kong could outgrow NDFs
Rising offshore renminbi interbank rates in Hong Kong have made its deliverable forwards market the cheapest way for corporates to hedge, compared with NDFs and onshore forwards, say bankers
Trading Places, July 11, 2011
Departures from BAML, Morgan Stanley and Deutsche Bank over the past week
Eurodollar rise has run its course, says Standard Chartered
Asian bank saw signs of potential dollar strength in late May, landing it at the top of the one-month forecast rankings
European corporates wary of RMB settlement
UK government pushing for London to become a centre of offshore renminbi trading, say conference speakers
Maasland to chair Saxo’s London board, amid flurry of promotions
Torben Kaaber to become London CEO as Danish bank makes a string of senior organisational changes in Copenhagen
Making the case for Asian currencies
Callum Henderson, global head of FX research at Standard Chartered in Singapore, believes Asia is better insulated from the economic downturn than in previous cycles and investors should maintain allocations to the region’s currencies
Wee new head of e-sales at Standard Chartered
At Deutsche Bank she has been replaced by David Wilkins, new head of electronic foreign exchange sales for Asia
Katz quits StanChart for BBVA
FX trading head will remain in Hong Kong with the Spanish bank
Standard Chartered hires Thorpe and Donnelly to head G-10 spot
Asian bank appoints G-10 spot trading heads from JP Morgan and BAML
Maxwell quits BAML for Standard Chartered
Appointment follows four senior departures from the Asian bank
RBC hires Peter Hirsch from StanChart
Three others also understood to have left StanChart's FX sales and trading business
Paige Orr joins Standard Chartered in London
New investor sales head joins after a year's absence from the market
Yuan: The only way is up
Four currency strategists explain why they expect the Chinese yuan to continue to strengthen against the dollar
London retains premier spot in FX, according to global volume figures
London remained the biggest financial centre for foreign exchange in 2010 according to semi-annual volume figures published in the UK and US on January 31, despite speculation it might be overtaken as a result of the UK government’s clampdown on bonuses.
Standard Chartered talks Turkey
Standard Chartered in Dubai has set up a forex desk focused on Turkey, it announced on January 24.
StanChart boosts financial institutions coverage
Standard Chartered has made a key hire from JP Morgan in Asia as it looks to boost its financial institutions sales coverage in South and Southeast Asia.