People
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.
Trading Places, April 19, 2010
People moves
UBS continues to bolster FICC group
HONG KONG & SINGAPORE - UBS has continued to expand its fixed-income, currencies and commodities (FICC) team with the hires of Andy Kleeger and Frank Suen, and the promotion of Gerald Chan.
CIBC in restructure
CIBC has realigned its capital markets business with the departure of Tim Carrington, Toronto-based head of global derivatives and strategic risk last Tuesday (April 13).
Amin finds new home with UBS
Kaushik Amin has been appointed head of fixed-income, currencies and commodities trading for the Americas
Bonuses fail to match expectations
Bonus speculation is now over as the banks pay out, with the exception of Royal Bank of Scotland, which will not pay bonuses until June.
BAML maintains balance in real money
LONDON & NEW YORK - Bank of America Merrill Lynch (BAML) has lost a senior real-money salesperson in London but has gained in New York.
Trading Places, April 12, 2010
This week's people moves in the global FX market.
Anselmetti takes up BarCap offer
Goldman Sachs loses key sales personnel
Casini quits RBS
Enrico Casini, head of institutional foreign exchange sales for Europe, the Middle East and Africa and head of central banks sales, left Royal Bank of Scotland last week, say internal bank sources.
Morgan Stanley: Prioritising FXPB
Competition in the foreign exchange prime brokerage market remains competitive, as new businesses fill the vacuum left by the withdrawal of incumbent providers and clients spread counterparty risk following the 2008 credit crisis.
Deutsche in drive for US sales growth
Deutsche Bank has made two senior hires in its North America foreign exchange team: David Paster and Linda Crish.
BAML builds out UK corporate sales
LONDON – Bank of America Merrill Lynch (BAML) is expanding its UK FX corporate sales team with the hires of Matt Rolfe and Nick Hardy in London.
UBS loses three in sales
LONDON & STAMFORD, CT - UBS has lost three salespeople on both sides of the Atlantic in the past fortnight. All are due to set up shop at rival camps.
Trading Places, April 5, 2010
Read this week's people moves in the FX market across London, New York and Hong Kong.
BarCap loses Mihocko-Tierney to BAML
BAML gains in electronic commerce and investor sales