People
BNP Paribas hires head of institutional sales
AMSTERDAM -- BNP Paribas hired Dietert Wesselius as head of institutional FX sales in Amsterdam on December 1. Wesselius joined the bank to manage a team of five, which was recently expanded by the appointment of Martin Knol and James McHardy in October…
GFI continues Asian build-up
SINGAPORE -- Two support staff are set to join inter-dealer broker and market data supplier GFI in Asia in January, as the firm aims to capitalise on growing opportunities in the region.
Bank One adds in spot and forwards
CHICAGO -- Bank One has added two traders in spot and forwards FX in Chicago, a senior official said last week.
Moneyline/MarketXS merger
AMSTERDAM -- Data technology firm MarketXS will take over the management of Moneyline Telerate’s business in Benelux in the first quarter of 2004.
StanChart rebuilds options
LONDON -- Standard Chartered has hired a new global FX options head and plans to recruit up to three additional staff to the global team over the coming months, a senior official told FX Week.
BoA/Fleet management decisions due in January
BOSTON -- Bank of America (BoA) and FleetBoston Financial will decide on the management of their merged forex operation in January, according to a senior official. Angelo Evangelista, head of FX sales and advisory at Fleet in Boston said that while there…
BNP Paribas adds in Paris
PARIS -- BNP Paribas has added two dealers to its institutional foreign exchange sales team in Paris in an effort to increase market penetration in the area, a spokesperson for the bank told FX Week.
New corporate sales models emerge
LONDON -- The need for banks to offer one sales contact for services across asset classes has been widely recognised this year. But some have gone one step further by adding a sector-specific focus.
Goldie-Morrison files claim against BoA
NEW YORK -- Duncan Goldie-Morrison, former head of Bank of America’s debt financing and foreign exchange client business, and a pioneer of the derivatives business from the late 1970s, has filed a $7.3 million claim against his former employer with the…
Ex-BoA head joins Icap
NEW YORK -- Duncan Goldie-Morrison joined inter-dealer broker Icap on November 20 as a non-executive director and member of the audit, remuneration and nominations committees.
HSBC reorgs by client sector
LONDON -- HSBC has created six new global positions to manage different client sectors within corporate, investment banking and markets (CIBM). They will co-ordinate strategy and client service teams across all products, including FX.
SG reshuffles management
LONDON -- SG Corporate and Investment Banking (SG CIB) last week announced three senior FX management appointments within the debt finance group of its corporate and investment banking division.
BarCap expands sales team
LONDON -- Barclays Capital will hire up to five additional dealers to its UK corporate foreign exchange sales team in London as part of a continued build-up in the area, a senior official at the bank told FX Week .
ABN hires Gartmore risk specialist
LONDON -- ABN Amro has added to its FX risk advisory team in London with the addition of James Binney from Gartmore Investment Management. Binney, who joins ABN today (November 24), will partner with Kenrick Ramlochan in London to offer and market…