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Plain vanilla no longer flavour of the month
LONDON & NEW YORK - Foreign exchange staff working in plain vanilla trading and sales will need to look out for their jobs in 2008, as banks reduce hires, recruitment consultants tell FX Week .
StanChart names flow head
SINGAPORE - Standard Chartered has named its new global head of flow foreign exchange options trading, a year after Richard Leighton was promoted to London-based global head of FX from a role as global head of FX options.
Banks expand Asia research
SINGAPORE & HONG KONG - Asian analysts are in hot demand as a number of banks build up Asian research teams to match client interest in the region's emerging economies.
Former Fimat e-forex chief joins Hotspot FX
JERSEY CITY - Chris DeFilippo, former New York-based head of electronic foreign exchange at institutional brokerage firm Fimat is today (November 26) starting at electronic communications network (ECN) Hotspot FX.
UBS makes more changes to FICC team
ZURICH - UBS has unveiled further changes to its newly created fixed income, currencies and commodities (FICC) division, less than a month after revealing substantial third-quarter losses relating to the subprime crisis.
UBS makes more changes to FICC team
ZURICH - UBS has unveiled further changes to its newly created fixed income, currencies and commodities (FICC) division, less than a month after revealing substantial third-quarter losses relating to the subprime crisis.
More forex departures at Bank of America
YORK - Further changes at Bank of America's foreign exchange business have emerged as the US dealer realigns FX with its rates business.
UniCredit expands FICC
NEW YORK - UniCredit has hired a new head of fixed income, currencies and commodities (FICC) for the Americas, as part of a push to expand its global foreign exchange franchise.
ABN Amro trading chief quits ahead of merger
LONDON – Gary Hawkins, London-based local markets trading chief at ABN Amro, has resigned from the bank in the same month a consortium led by the Royal Bank of Scotland (RBS) has won a long-running takeover battle for the dealer.
Ex-Deutsche exec to head Goldman's Asian sales
HONG KONG - Goldman Sachs is believed to have hired Vinit Sahni as head of foreign exchange, interest rates and macro product sales for Asia.
Merrill and UBS shake up FX teams
LONDON & NEW YORK - Senior management changes have swept through Merrill Lynch and UBS ahead of looming third-quarter losses.
Merrill loses global FX head
LONDON - Tim Carrington, global head of foreign exchange trading at Merrill Lynch, has left the US dealer nine months after joining.