UBS
What’s in store for 2013?
While 2012 was defined by low volatility and a clear decline in client activity, it also saw some major changes in the structure of the foreign exchange market, with a host of new initiatives and opportunities. FX Week speaks to senior market…
Review of 2012: October - December
FX Week looks back on the biggest stories of 2012, concluding with the fourth quarter. To read the original stories, click on the links in black
FXCM promotes Hampton to head options sales
Anoushka Hampton has been appointed global head of FX options sales at FXCM in London
JP Morgan Private Bank hires Barclays FX strategist
Sara Yates joins JP Morgan as global currency strategist for the private banking FX and commodities business
Photo gallery: Best Banks Awards, November 2012
Photos from FX Week's Best Banks Awards dinner, held in London on November 21
UBS holds Swiss franc lead despite intervention
UBS wins best bank for the Swiss franc and best bank for post-trade services as it continues to provide liquidity despite the challenges posed by the EUR/CHF floor
Best Banks 2012: Deutsche holds top spot for fourth year
Deutsche Bank and Citi remain in first and second place in this year's market survey, while Barclays has risen to third place
Roberto Hoornweg exits UBS
Co-head of fixed income, currencies and commodities has resigned from UBS after two years at the bank
UBS cuts claim FX roles in Europe
Two FX e-commerce business heads are understood to have left the Swiss bank as the bank executes its recently announced job cuts
Trading places, November 5, 2012
Credit Suisse loses in Asia FX sales, while UBS promotes Orcel to head up the investment bank
The jewel in the crown
Despite sweeping changes at a number of investment banks to prepare for regulation and changing market conditions, FX remains a core business for most top-tier banks
FX to remain a 'cornerstone' of streamlined UBS
Swiss bank admits FX revenues declined during Q3 but vows FX will be a core business in its downsized investment bank
UBS veteran takes top FX sales role at RBS
After a year-long break from the industry, Ed Hulina joins Royal Bank of Scotland to head up FX and emerging markets sales in the Americas
UBS readies regulation-focused FX algos
The Swiss bank will launch its first algorithmic FX trading tools early next year with smart order routing to help clients navigate regulatory change
Basel and Iosco under pressure to exclude FX from margin rules
Industry response to proposals released in July on margin for uncleared swaps put pressure on regulators to carve out FX swaps and forwards
More FX platforms to come, says Celent
A new research report from Celent predicts more platforms will launch in the FX market, and that the single-dealer platform will continue to gain in popularity
TD Securities hires options trader from RBC
New trader started at TD earlier this week and reports to William Kellett
UBS sales head for southern Europe departs
The Swiss bank is moving parts of its FX sales team in Lugano back to London as the head of FX sales for the region leaves the bank
The platforms of 2012: TraFXpure
When it launches next year, TraFXpure hopes to become a primary trading platform in the FX market, alongside EBS and Thomson Reuters. While that’s a tall order in today’s environment, Tradition’s Daniel Marcus, Campbell Adams and Roger Rutherford believe…
Likelihood of Grexit diminishes ahead of troika review
As European authorities head to Greece to inspect the country's finances, strategists believe it is increasingly unlikely authorities will allow the country to leave the euro
Marex Spectron hires FX algo trading head from Lloyds
Sam Horowitz has joined Marex in London, reporting to Chris Eagle
Euro set to fall further after period of stability, says UBS
An accurate forecast that eurodollar would remain steady at 1.24 lands UBS at the top of the one-month rankings, although the bank is more bearish on the currency in the longer term
Insight appoints FX strategy veteran as head of currency
Paul Lambert, head of currency at UBS Global Asset Management, will join Insight Investment in September
Lloyds hires two from UBS in Sydney
Paul Bernasconi and Nathan Pederson, both formerly of UBS, have joined Lloyds Banking Group in FX sales and trading in Sydney