Trading places -September 2006
REVIEW OF THE YEAR
Dresdner staff poached by Merrill Lynch
Merrill Lynch raided Dresdner Kleinwort to take the bank's most senior foreign exchange personnel. Harry Culham was hired as global head of FX, to be based in London. At Dresdner he was also global head of FX, and had responsibility for rates flow and credit flow products. Christian Exshaw, European head of forex sales and head of e-FX at Dresdner in London, and Tim Carrington, who runs options, have also signed up for the bank.
Deutsche restructures forex
More on People
Citadel Securities’ head of electronic FX departs
Kevin Kimmel’s departure comes just two weeks after the resignation of sales director Brian Seegers
HSBC appoints Benihasim as global FX head
Hong Kong-based Benihasim replaces Richard Bibbey, who moved to London to run institutional sales
IMC appoints head of FX trading
Ex-UBS exotics head Ramon Puyane to join Dutch market-maker
Citi’s head of FX electronic platforms departs
Ala’a Saeed, who oversaw its single-dealer platform, leaves US bank
Deutsche adds three to FX sales team
German bank recruits institutional sales head in New York, along with hires in London and Paris
Nomura hires Leng for dual global FX trading roles
Hire comes as Nomura looks to significantly bolster its FX and macro trading division globally
Capitalab co-founder quits firm
David Bachelier leaves BGC-owned compression venture after seven years
Citi names Stuart Staley FX co-head
US bank’s Asia-Pacific markets head moves to London to work alongside Itay Tuchman
