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Bonuses will disappoint but job prospects encouraging, recruiters say
Headhunters say banks will look to replenish FX teams but bonuses will likely disappoint this year
Saxo hires Matteo Cassina to head institutional business
New hire reflects Saxo Bank's determination to accelerate its push into the institutional market
Nomura hires Credit Suisse's Sandoz to head equities
Todd Sandoz has returned to the equity market at Nomura, having left his post as global head of FX and Stirt at Credit Suisse last year
Canadian FX committee chair retires
Donna Howard has retired from her role as CFEC chair and adviser to the governor of the Bank of Canada as Paul Chilcott takes over as CFEC chair
Deutsche hires Zinkin to co-head electronic trading
Martin Zinkin has joined the bank this month from BNP Paribas, reporting to markets electronic trading head Robert Mandeno
Newedge appoints co-heads for commodities and currencies
Franck Borgel and Francois Combes appointed to lead the firm's currencies and commodities business, following the departure of John Fay
Morgan Stanley veteran joins SG CIB in sales
Matt Miller moves to the French bank in New York, having been most recently at UBS after 23 years at Morgan Stanley
BAML's Bae promoted to top e-Ficc role
Christopher Bae becomes head of electronic trading for fixed income, currencies and commodities, with Denis Manelski stepping up to become global head of G-10 currency trading
HSBC expands in FX sales with senior hire
Mathijs Peeters joins HSBC as a director in FX sales to northern Europe after three years at Nomura
Revolving doors at Brevan Howard as Craignou joins
Ex-HSBC head Vincent Craignou joins Brevan Howard as a portfolio manager, while Neilan Govender returns to Credit Suisse after a short stint with the hedge fund
BBVA hires Horowitz from Marex Spectron
Sam Horowitz will split his time between trading emerging markets FX and developing BBVA's e-FX offering
RBS hires global FX options head from Santander
Simon Manwaring has joined Royal Bank of Scotland in London as global head of FX options, reporting to James Pearson
Nomura hires ex-SG CIB structurer
Benoit Duhil de Benaze has joined Nomura in London, where he reports to Tim Owens
BAML hires Asia FX trader in London
Andrew Young started at Bank of America Merill Lynch this week, reporting to Gavin Cook
Citi appoints institutional FX sales chief
Warsaw-based Misbah Shah is set to relocate to London to take over Okan Pekin's former role as global head of FX institutional sales in January
Citadel hires ex-BAML options chief
Guillaume Huteau has moved to the buy side as risk officer at Citadel after leaving Bank of America Merrill Lynch earlier this year
Deutsche promotes Vos to senior Fic role
Adam Vos, formerly global head of FX forwards, has been promoted to co-chief operating officer of fixed income and currencies
Head of FX structuring exits Citi
Michele Ghidoni has left Citi after eight years, most recently as global head of FX structuring, while FX structurer Francesco Tonin has also left in New York
FX trading chief leaves Nomura in New York
Brent Donnelly has left Nomura in New York after two-and-a-half years, while Jose Aloisio Teles has also left the bank
Former EBS Prime head Faulkner takes R5FX role
David Faulkner has joined R5FX as head of open market, following recent hire of Stuart Crooks, Ed Nelson and Anne Pounds
RBC Dexia loses global FX head
Morgan McDonnell departs after nine years at the Canadian firm
BNP Paribas hires senior FX trader from Commerz
Kevin Wilson joins the French bank in New York; other personnel changes at ACT Currency Partner and UBS Global Asset Management
SG CIB expands in FX sales
Darren Charnock and David Brickell join Société Générale Corporate and Investment Banking in senior FX sales roles
Hotspot FX co-founder joins GTS
Steven Reich lands his latest position at Global Trading Systems, having previously co-founded Hotspot FX, among a number of influential industry roles