People
Trading places, November 14, 2011
New appointments at CBA, Integral and RBS while top roles are reshuffled at Isda, Esma and the FSB
ADS expands sales effort with senior hire
Ex-HSBC Hassan Hannouf joined ADS Securities in Abu Dhabi last month
Ex-RBS de Wulf joins HSBC in FX sales
Ruth de Wulf will be based in London and cover Scandis and the Netherlands
Credit Suisse layoffs claim Nick Barker
London-based head of FX e-commerce is made redundant from Credit Suisse, having joined from UBS in March 2010
UniCredit restructures institutional sales force under Groot
Six product lines for institutional sales at UniCredit include foreign exchange, interest rates, credit, central and eastern Europe sales, solution sales and cash equity sales
Credit Suisse hires head of FX trading
David Tait will join Credit Suisse from UBS in January, reporting to global head of FX Todd Sandoz
Trading places, November 7, 2011
New appointments at State Street, Deutsche Bank and the US Treasury, while Lloyds loses a trader
Credit Suisse layoffs hit Asia sales
Angelia Tan has left her FX sales post in Singapore as part of the bank’s global headcount reduction
FXCM develops Italian analysis team
Granzotto and Zucchini join in Milan to build the firm’s online presence
FX exodus continues at Informa Global Markets
Research firm has lost six FX-focused employees in recent months, including Ican Toniolli, Kieran O’Hora and Belma Kokic
SEB’s Leskinen to open start-up asset management advisory
Seppo Leskinen departs SEB in Singapore to start up his own advisory, Karelia Asia Investment Advisors
Head of spot FX trading leaves Lloyds
Kelvin Jouhar, head of spot trading, and Hetal Patel, senior G-10 trader, leave the bank after their roles are made redundant
Nomura hires Khakoo to head G-10 options
Nigel Khakoo was previously global head of G-10 options trading at Citi, but left the bank earlier this year after a decision to merge G-10 and EM options
Arends and currency team depart Henderson
Five departures follow the asset manager's decision to close its currency hedge fund and absolute return fund
Banks continue to invest in FXPB, despite tough hiring climate
Widespread cost-saving initiatives and hiring freezes have led to a wave of high-profile redundancies in the foreign exchange market, but forex prime brokerage remains an area for investment because of the focus on clearing, say banks and recruitment…
Trading places, October 31, 2011
New appointments at Citi, Caplin and the CFTC, while Saxo promotes Missonnier to run new Brussels office
Huteau departs Credit Suisse after 17 years
Swiss bank parts company with its head of local markets FX options trading for Europe, the Middle East and Africa and Latin America
Ferrini joins Bloomberg from Commerzbank
Fabrizio Ferrini left Commerzbank in September
Marex Spectron recruits global head of FX from CIBC
Chris Eagle will start in early 2012, reporting to Peter Williams, head of financial markets
Peter Klein joins BAML to head FXPB
Klein replaces Tony Dalton, former global head of FX prime brokerage, who will take on a senior FXPB sales role
Adrian Lee adds three portfolio managers in London
Three new managers join from State Street Global Advisors, Oxford Economics and APG Asset Management
Shey joins RBS from UBS
Forex veteran has been appointed global head of futures, prime services and electronic markets at RBS in Stamford
Chase takes on head sales role at BAML
John Chase becomes Bank of America Merrill Lynch's new head for Europe, the Middle East and Africa corporate derivatives sales
Trading places, October 24, 2011
Read about hires at BarCap, Nomura, CME and CLS