United Kingdom (UK)
DoJ seeks stay on benchmark case discovery
Antitrust division tells court the request is to protect the integrity of ongoing cases
BNPP strengthens London FX options team
The French bank is out to capture additional market share
Landazabal joins GAM as global head of trading
Juan Landazabal moves from DWS Group
Barrow joins Nex’s Enso as head of Emea
Chris Barrow moves from Brown Brothers Harriman
Verdellet joins MarketFactory in London
Sophie Verdellet will be responsible for account management and customer service in Emea
Cartel lawyers zoom in on government witness
They claim their clients are entitled to understand precisely what the government did to mitigate such risks for its witness
Citi launches ‘E For Education’ campaign for sixth year
The US bank includes a broader range of electronically traded products and new partners this time
Hooker to join Capitolis
Darryl Hooker, former co-head of EBS BrokerTec Markets, is set to join Gil Mandelzis-led Capitolis as a consultant
Sargeant joins Cürex London
Glen Sargeant is responsible for developing customer relationships throughout the UK and Europe
NatWest bids for order-book management business
The UK dealer's frosted glassbox serves as segregated order execution desk for fixings and stop losses
FX boosts UK derivatives values
Bank of England data for second quarter shows 33% rise in FX derivatives values at UK banks
European corporate FX losses triple
Currency losses at their highest since the first quarter of 2017, reports FiREapps
Hudson joins BGC’s Fenics as global head of e-FX
Liam Hudson was previously the global head of electronic FX at BAML
Sterling to recover by year’s end – ABN Amro
Despite Brexit-related pressures, sterling’s prospects remain positive, says the bank
Spectra FX hires three for senior roles
Chopra joins the firm in New York, Bretagne and Gribble in London
BoJ yield cap a risky move, says Saxo Bank
Bank of Japan shift drives biggest bond-yield jump in two years
Renminbi payments hold steady in June – Swift
China’s currency keeps its fifth most-used currency spot for global payments, according to Swift
Scott wins extradition appeal
Stuart Scott wins extradition appeal as the October 2017 verdict is overturned
Record’s Wood-Collins: more disclosures needed
The UK-based currency manager’s chief says some asset managers appear to use only one counterparty for FX trading
FX turnover hits new record high in UK
All global currency trading centres register growth in April, compared with previous semi-annual survey
Lawyers poke Fotheringhame on last day of hearing
Issue of whether trust between Barclays and former employee has irretrievably broken down is key focus on day four
Awards: smartTrade
SmartTrade gains a highly commended mention for Best Liquidity Aggregation System Provider at the 2018 FX Week e-FX Awards
Crown Agents Bank appoints Pitts
David Pitts takes up senior adviser role
DoJ asks for discovery stay in benchmark case until ‘Cartel’ case ends
US tries to balance need to protect ongoing criminal investigations and lawsuits with civil attorneys’ desire for additional testimonies