People
Calyon builds options franchise
HONG KONG & LONDON - Calyon has expanded its global FX options franchise by building up its structuring and trading capabilities in Asia and Europe.
StanChart hires more in Asia
SINGAPORE, HONG KONG - Standard Chartered has continued to hire for its FX business in Asia, with the appointment of a senior dealer and head for trade finance.
UBS's corp sales head to depart
SYDNEY AND LONDON - UBS has undergone major changes in foreign exchange globally, with a change to the global head of corporate FX and a promotion in the structuring group.
BNP continues sales build-up
LONDON - BNP Paribas has further boosted its London FX team with two new hires.
BNP appoints head of e-commerce
NEW YORK & LONDON – BNP Paribas has boosted its global forex team by making two hires in New York and London.
Global FX sales reorg at Deutsche
LONDON & NEW YORK – Deutsche Bank has made changes to senior management in its global FX sales team following the retirement of global head of FX sales Dan Almeida last month.
Aussie/Kiwi influx keeps lid on spiralling London salaries
LONDON – The steady flow of Aussie and Kiwi staff into London's FX arena has helped keep a lid on spiralling wages, according to market participants.
BoA's Nutland defects to Calyon
LONDON – Steve Nutland, head of trading at Bank of America (BoA) in London, has left after almost six years, the bank has confirmed.
BoA build-up complete
LONDON – Bank of America (BoA) has completed its planned build up this year with a hat trick of senior hires on its emerging markets trading desk.
BNP and RBS boost bank sales
GLOBAL – BNP Paribas and Royal Bank of Scotland (RBS) have boosted their presence in the financial institutional forex space by opening a new desk and hiring new staff, respectively.
Dresdner continues FX restructure
LONDON – Dresdner Kleinwort Wasserstein (DrKW) has seen the departure of three members of its foreign exchange sales and trading team, as the bank continues to restructure its FX desk.
Citi extends structuring
NEW YORK – Citigroup has extended its structuring capabilities by setting up a group dedicated to providing derivatives-based solutions for clients.
One in, one out at Deutsche
LONDON – Deutsche Bank has hired Chris Collings as a director with a specialty in strategic corporate structuring. He will be a specialised resource for all the regional FX structuring teams and corporate coverage. Collings was previously part of the…
More hires at JP Morgan
LONDON – JP Morgan has made five hires in its global currency and commodities group in London, to bolster its sales and trading platform in Europe.
ABN Amro names new distribution head
AMSTERDAM – ABN Amro has made Scott Wacker global head of FX distribution, following a realignment aimed at increasing coverage of futures clients.
AIG continues FX restructure
NEW YORK – AIG Financial Products (AIG FP) has restructured its FX trading desk a year after it tried to boost the operation with six hires ( FX Week , July 5 2004).
JP Morgan hires London MD
LONDON – JP Morgan has hired Andrew Simon as managing director and head of global clients in its global currency and commodities group. He joins from Lehman Brothers, where he was a managing director and head of FX derivatives marketing. He also has…
More expansion at BoA
NEW YORK – Bank of America (BoA) is continuing the unrelenting build-up of its FX team with a series of hires in strategy and an additional prop trader.