Foreign exchange
Goldman Sachs discloses max last look hold times in FX
Past behaviour may subject clients to a 200 millisecond hold period, as US bank tries to avoid losses
RJ O’Brien closes FX business, effective immediately
The firm no longer finds the space strategically attractive
BNY Mellon to build franchise partnerships using FXPB
The bank’s FX prime brokerage beta clients could go live within the next month
BNY Mellon zeroes in on FX
Newly hired James Taylor discusses the business transformation taking place in foreign exchange at the bank
Third-quarter FX revenues slide further at banks
G10 foreign exchange continues its two-year decline amid low volatility
Wells Fargo says FX departures not related to front-running
Spokeswoman says executives' exits are unrelated to misconduct such as market collusion, market manipulation or front-running
Canadian FX committee adds new members
It also renews the expired terms for four institutions
China to loosen grip on yuan – Westpac
With growth on a good footing, reform will resume after Xi Jinping's renewed leadership mandate
ECU and HSBC clash over data
ECU wants the bank to hand over data relating to three stop-loss orders, executed in 2006, in a pre-action disclosure application