People
Headhunters report temporary hiring freeze in wake of volatility
Headhunters on both sides of the Atlantic have reported a distinct slowdown in foreign exchange hiring as banks take advantage of the high level of volatility to make some much-needed profit, thus halting candidate interviews.
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.
Trading Places 17.5.10
Read Trading Places for this week's movers and shakers in the global FX space.
Trading Places 10.5.10
Read this week's people moves in the FX space across the globe.
Rieunier takes on options head role at Saxo
COPENHAGEN - Saxo Bank has hired Gustave Rieunier in a newly created position, global head of FX options and forward trading.
BAML woos David Woo and more…
LONDON & SINGAPORE – Bank of America Merrill Lynch (BAML) is adding to its sales and rebuilding its research capabilities with five hires made globally.
CIBC adds to corporate solutions group
TORONTO – CIBC has hired Douglas Jones as executive director in the Corporate Solutions Group (CSG) in Toronto.
CIBC continues markets restructure with FX strategy hire
LONDON & TORONTO - CIBC is expanding its workforce with two hires in newly created roles.
BarCap losses trickle on
LONDON & SINGAPORE - Barclays Capital (BarCap) has lost two more staff, following the mass exodus at the end of April.
Nomura wins three in global sales
LONDON & NEW YORK - Now the bonus rounds are over, the hunting season has begun. Nomura is reported to have hired sales staff from Barclays Capital in London and UBS in New York.
Trading Places, May 3, 2010
Find out about the movers and shakers in the FX world.
Credit Suisse rebuilds spot in NY
Swiss dealer adds senior trader
RBS loses Usher but gains Gething
LONDON – Royal Bank of Scotland has lost Richard Usher, London chief dealer and EUR/USD spot trader, in a further senior departure from the bank.
Szucs and Shiff join BAML
LONDON - Bank of America Merrill Lynch (BAML) continues to build up its foreign exchange franchise with the hire of a senior institutional salesperson from Morgan Stanley in London.
TD Securities brings in Goodacre
LONDON - TD Securities has hired Paul Goodacre as its London head of foreign exchange options, according to market sources.
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.
Westpac targets real-money clients
LONDON & NEW YORK - Westpac is building up its coverage of real-money clients with two senior hires in London and New York.
Trading Places, April 26, 2010
This week's people moves across Europe, Asia and the US.
CIBC hires two in Toronto as markets restructure continues
CIBC has made two hires in derivatives and risk management as it continues to restructure its markets business.
Casini finds new home at Credit Suisse
Enrico Casini is understood to have taken a senior European foreign exchange sales position within Credit Suisse following his departure from Royal Bank of Scotland (RBS) two weeks ago (FX Week, April 6).
HSBC adds to spot desk in London amid growth
LONDON - HSBC has hired Frank Cahill as director on the G-10 spot desk in London.
BarCap launches onshore rates and FX trading in Australia
SYDNEY - Barclays Capital has launched onshore trading in rates and foreign exchange in Sydney, as part of plans to expand its domestic and regional presence.