JP Morgan Names Wade as Global Head of Treasury Services FX

Robert Wade, a professional within the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term) industry, has made his way to JP Morgan, where he has taken on the role of global head of treasury services FX, Finance Magnates has learned.

The move was made public on Wade’s LinkedIn profile, which shows that he took on the new position this month. In his new role, he is also a managing director with the firm and is based in London.

Robert Wade returns to JP Morgan

Wade’s career move sees him return to the multinational investment bank, having spent 11 years at JP Morgan Chase earlier in his career, from 1998 until 2009. While working for the firm, he first entered into the forex space.

Specifically, Wade joined the company working in strategic technology consulting and program management. He was the Vice President of the unit from December 1998 until June of 2003.

In this role, he performed a number of duties. Such as overseeing merger and acquisition transactions, technology consulting services, and conducting financial and business analysis to advise senior management on the application of certain technology solutions, among other duties.

In 2003, he went on to work in strategy and new business development, focusing on treasury and securities services, his LinkedIn states. His final position with the company before he left in November 2009, was in forex product management - treasury and securities services. He was an executive director.

Wade’s return to JP Morgan after ten years of absence, follows on from him leaving his position at Goldman Sachs, where he was a managing director working as the global head of corporate electronic FX and cash management sales.

During his career, Wade has also spent time at other large banks - Deutsche Bank and Citigroup to be specific. At Deutsche, he was a managing director, global head of electronic FX sales, and at Citi, he was the head of strategic initiatives - institutional clients group, his LinkedIn states. Wade is also a co-founder of Grüper.