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Saxo Bank Reports Delayed May Volume Metrics, Lacklustre Trend Continues in June
- An increase by 9% during the month of May was followed by a modest decline in June by 2.5% marking a rebound from multiyear lows which Saxo reported in the month of April, average daily volumes totalled $10.8 billion.
Thursday, 10/07/2014 | 16:25 GMT by
Jeff Patterson
Vatican Appoints Veteran Execs from Goldman Sachs, Deutsche Bank
- Drawing upon a pool of qualified financial personnel, Pope Francis has turned to veteran specialists from Goldman Sachs, Deutsche Bank AG, and Invesco to help curb rampant corruption and effectively overhaul the Vatican Bank.
Thursday, 10/07/2014 | 04:00 GMT by
Jeff Patterson
BofA Merrill Lynch Adds Claudio Piron, Adarsh Sinha as Co-Heads of Asian Strategy Team
- Bank of America Merrill Lynch has fortified its currency division by appointing two forex executives in Claudio Piron and Adarsh Sinha as co-heads of the bank’s Asian rates and currency strategy team.
Thursday, 10/07/2014 | 00:01 GMT by
Jeff Patterson
ITRS Group Taps Guy Warren as CEO, Succeeding Kevin Covington
- ITRS Group Ltd, a global technology provider for investment banks, currency exchanges and brokers, has tapped Guy Warren as its newest Chief Executive Officer, succeeding Kevin Covington, who is slated to remain with the company.
Wednesday, 09/07/2014 | 16:13 GMT by
Jeff Patterson
State Street Court Reaches Shareholder Settlement Worth $60 Million, Following FX Fraud
- State Street Corp, a financial services company dealing in several asset-classes, has reached a $60m settlement following a shareholder lawsuit, which alleged the firm overcharged its clients for forex-related services.
Wednesday, 09/07/2014 | 15:35 GMT by
Jeff Patterson
Citigroup Executive Scott Balkan Parts Ways with Bank to Join Hedge Fund
- Scott Balkan, the Managing Director and Head of Distressed Debt at Citigroup Inc. is leaving the banking giant to join hedge fund Silver Point Capital LP, after a tenure of eight years with Citigroup.
Wednesday, 09/07/2014 | 15:31 GMT by
Jeff Patterson
CLS Forex Volumes Rebound in June, Jump 5.1% MoM after a Forgettable May
- CLS Group’s settlement and aggregation service has reported its fx trading volumes for the month of June, highlighted by a notable increase across the board and a nice rebound in the aftermath of downtrodden May figures.
Wednesday, 09/07/2014 | 14:38 GMT by
Jeff Patterson
Former Alpari Exec, Iskandar Najjar Joins ADS Securities as Managing Director
- ADS Securities, a leading forex trading solutions company specializing in the Middle East, has announced the appointment of ex-Alpari CEO Iskandar Najjar as its newest Managing Director of ADS Securities.
Tuesday, 08/07/2014 | 16:40 GMT by
Jeff Patterson
Nichola Hunter Parts Ways with ICAP’s EBS Market, More Moves to Come?
- Nichola Hunter, the co-head of ICAP’s landmark forex trading platform EBS Market has reportedly left the firm amidst an alleged management reshuffle, having parted ways after accruing over a decade of service.
Tuesday, 08/07/2014 | 12:53 GMT by
Jeff Patterson
JPMorgan and Danske Funds Exposed to Gowex Fraud as CEO, Jenaro Garcia, Resigns
- On the heels of a scandal surrounding Let’s Gowex SA and the consequent resignation of CEO Jenaro Garcia, it has been revealed that JPMorgan Chase and Danske Bank’s funds are each exposed to the insolvent Spanish firm.
Monday, 07/07/2014 | 18:24 GMT by
Jeff Patterson
Paul Jackson Appointed to Newly Created Role of Head of Sales at CFH Clearing
- Interbank prime of prime solutions provider, CFH Clearing has appointed Paul Jackson to the newly created position of Head of Sales, where he will manage an experienced international sales team.
Thursday, 03/07/2014 | 07:26 GMT by
Jeff Patterson
Exclusive: Norbert Lukasiewicz Departs Integral to Join Divisa Capital
- Norbert Lukasiewicz has left Integral Development Corporation according to Forex Magnates, the move comes during a period where the firm is currently undergoing major personnel changes and restructuring.
Wednesday, 02/07/2014 | 20:12 GMT by
Adil Siddiqui
Chief Currency Strategist, Mansoor Mohi-uddin Parts Ways with UBS
- Mansoor Mohi-uddin, the Chief Currency Strategist and current Managing Director at UBS AG has left the Swiss banking giant as part of an initiative to trim costs and help streamline overall operations.
Wednesday, 02/07/2014 | 20:06 GMT by
Jeff Patterson
Goldman Sachs Appoints Nell Hutton to Head Its Fixed-Income & Currency Sales
- Goldman Sachs Group has tapped Nell Hutton to oversee its fixed-income and currency and commodity sales for the Australian and New Zealand region, part of a growing initiative to target growth in the antipodes.
Wednesday, 02/07/2014 | 14:27 GMT by
Jeff Patterson
The Next Breakthrough In FX Technology
- Given a large number of trading platforms it is my view that there remains significant opportunities for refining the usability provided.
Tuesday, 01/07/2014 | 04:00 GMT by
Simon Klein
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