News/People
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
Icap promotes Ken Pigaga to global COO
Former Americas chief operating officer is promoted to global role for the interdealer broker; other appointments at CLS and ConvergEx Group
HSBC loses FX derivatives chief Craignou
Vincent Craignou, global head of FX and metals derivatives, has left the bank after more than 10 years
UBS merges FX, rates and credit under new co-heads
George Athanasopoulos and Chris Murphy to head the new business, while Chris Vogelgesang leaves the role of co-head of FX and precious metals
Bailey joins Commerzbank as FX options head
Industry veteran Richard Bailey moves back to the sell side to take a new role at Commerzbank in London. Meanwhile, derivatives head Peter Billington leaves the German bank
Credit Suisse loses two in FX sales
Other moves at Société Générale Corporate and Investment Banking, the CFTC and BAML
Citi’s institutional FX sales head in internal move
Okan Pekin will lead the newly formed investors services group at Citi, reporting to Neeraj Sahai and Paco Ybarra
Lloyds hires FX trader from Commerzbank
New York-based Robert Philbin has moved to Lloyds after less than a year at Commerzbank
Credit Suisse merges FX, rates and commodities
David Tait and Jon Kinol will lead a new global macro products group from London and New York, respectively
JP Morgan's Hudson promoted to divisional CFO
David Hudson promoted to chief financial officer in the global markets business at JP Morgan; other changes at CME, Barclays and Alpari
EBS Direct hires Hugh Whelan from Commerzbank
EBS appoints Whelan to oversee liquidity management for the company's new relationship-based platform