Market news, analysis & forecast powered by

Preview Mode

FM Home
> Hsbc
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
UF AWARDS MEA 2025: Voting Now Open! Thought Leadership

hsbc

Search for a tag
Executive Moves

HSBC Holdings PLC Parts Ways with Head of Currency Trading Stuart Scott

  • Mr Scott parts ways with HSBC Holdings after allegedly conspiring with a major hedge fund to leak information related to client orders on the foreign exchange market and serving in a role related to fixing investigations.
Wednesday, 10/12/2014 | 14:00 GMT by Victor Golovtchenko
Analysis

HSBC Sets Aside $378 Million for Its Part in the Expected Forex Manipulation Fines

  • In addition to the forex investigation prohibition the global banking group has set aside a total of $1.7 billion of provisions for various legal and regulatory penalties it might face which hurt its Q3 bottom line.
Monday, 03/11/2014 | 13:59 GMT by Avi Mizrahi
Executive Moves

HSBC Axes Two FX Traders, Including Chief Dealer Serge Sarramengna

  • HSBC has terminated the services of two of its London-based FX traders, including the bank’s Chief Dealer Serge Sarramengna and Scandinavian specialist Edward Pinto, following an ongoing suspension since January.
Wednesday, 15/10/2014 | 00:03 GMT by Jeff Patterson
Executive Moves

HSBC Continues APAC Restructuring, Adds Madhuri Desai to FX Sales Team

  • HSBC has continued revamping its FX sales personnel, tapping veteran Madhuri Desai as the newest member of its FX sales team – she will be based out of Singapore where she will help develop the bank’s sales.
Monday, 13/10/2014 | 07:43 GMT by Jeff Patterson
Analysis

Six Banks to Fix Foreign Exchange Fixing Violations Via £1-2 Bln Settlement

  • According to a Financial Times report the FCA started settlement negotiations with Barclays, Citigroup, HSBC, JPMorgan Chase, the Royal Bank of Scotland and UBS for foreign exchange fixing manipulation.
Friday, 26/09/2014 | 16:25 GMT by Victor Golovtchenko
Executive Moves

HSBC Fortifies APAC FX Team, Adding Peadar Ward as Sales Head

  • HSBC has just appointed Peadar Ward as its newest Head of Institutional FX Sales for the Asia-Pacific (APAC) region, following a yearlong absence from the market after his departure from Goldman Sachs.
Thursday, 18/09/2014 | 00:03 GMT by Jeff Patterson
Executive Moves

HSBC Saudi CEO, Walid Khoury Departs, Successor Chosen

  • HSBC’s Saudi Arabian Chief Executive Officer, Walid Khoury has parted ways with the British banking giant, paving the way for the appointment of new CEO Nabeel Shoaib, who is slated to take over immediately.
Monday, 15/09/2014 | 14:46 GMT by Jeff Patterson
Executive Moves

HSBC Promotes Andy Grisdale to APAC Commercial Banking Chief

  • HSBC has just named Andy Grisdale as its Chief of Staff, Commercial Banking for Asia-Pacific (APAC), succeeding Sanjay Prakash, who was recently named Head of International, Commercial Banking at HSBC.
Tuesday, 26/08/2014 | 16:06 GMT by Jeff Patterson
Executive Moves

HSBC Malaysia Appoints Mahbub Rahman as Head of Commercial Banking

  • Rahman's new role will put him in charge of Commercial Banking, Corporate Banking, Global Trade and Receivables Finance and Payments and Cash Management businesses at HSBC in one of the most vibrant ASEAN economies.
Monday, 25/08/2014 | 10:21 GMT by Victor Golovtchenko
Analysis

Welcome to the 21st Century: Electronic Auction-Based Trading Replaces Silver Fixing

  • The "London Silver Price" will be served by the CME Group's electronic price platform, with an algorithm designed to set the opening quotes, while Thomson Reuters will handle governance and administration services.
Thursday, 14/08/2014 | 20:14 GMT by Victor Golovtchenko
Executive Moves

HSBC Adds Sriram Muthukrishnan As Regional Managing Director - APAC

  • HSBC has fortified its Asia-Pacific (APAC) unit by appointing Sriram Muthukrishnan as its newest Managing Director and Regional Head of Business Development for Global Trade and Receivables Finance.
Monday, 11/08/2014 | 14:58 GMT by Jeff Patterson
Executive Moves

HSBC Names Rami Hayek as APAC Investment Head

  • HSBC has appointed former UBS-executive Rami Hayek as its newest Senior Investment Head for central banks and currency reserve management clients in Asia-Pacific (APAC) region, teaming with up Michael Bevan.
Tuesday, 05/08/2014 | 16:45 GMT by Jeff Patterson
Analysis

HSBC Reports Q2 Metrics, FX Revenues Dive -34% QoQ

  • HSBC has recently reported its Q2 figures, which were highlighted by a staunch, albeit predictable 34% QoQ decline in foreign exchange revenues - the largest composition of the bank’s global trading business
Tuesday, 05/08/2014 | 14:57 GMT by Jeff Patterson
Executive Moves

Nomura Names Leonardo Jereissati as Head of FX in LatAm Markets

  • Nomura Group, a Japanese financial holdings company across multiple asset-classes has appointed former Barclays man, Leonardo Jereissati as its new Head of Forex for the Latin American (LatAm) region.
Friday, 25/07/2014 | 16:49 GMT by Jeff Patterson
Exchanges

FXSpotStream Cites Record Trading Activity in June with Simple Trading Solution

  • the Multi-bank price aggregation service did not provide trading volumes, but celebrated a monthly and yearly uptake in trading, along with clients' growth: "It’s all about KISS: Keep It Simple Stupid".
Thursday, 17/07/2014 | 20:41 GMT by Adil Siddiqui
Technology

Markit to Deploy a Centralised Confirmation Infrastructure for FX Options

  • Markit’s Managing Director Keith Tippell has explained to Forex Magnates the rationale behind entering FX options, as the company has announced its electronic trade confirmation and exercise management service.
Thursday, 03/07/2014 | 11:00 GMT by Victor Golovtchenko
Executive Moves

Former Lloyds Director, Alison Hewitt, Joins HSBC as European Head of Regulatory Compliance

  • Europe’s largest bank, HSBC Holdings Plc, has announced the appointment of Alison Hewitt, formerly of Lloyds Banking Group, having recruiting her for the key role of Head of Regulatory Compliance in its European Division.
Monday, 23/06/2014 | 13:38 GMT by Jeff Patterson
Analysis

Analysis: Markit Converging Towards IPO Amidst Transparency Measures

  • Markit, a leading global provider of financial services across OTC and derivatives has announced the F-1 filing with the Securities and Exchange Commission (SEC) for an initial public offering (IPO).
Wednesday, 07/05/2014 | 11:31 GMT by Jeff Patterson
Technology

FXSpotStream + LiquidityFx module from smartTrade Technologies = 4x|Box

  • The latest synergy in Foreign Exchange comes from combining two products from two different providers, from the technology and liquidity providing space, to create FX in a box, or 4X|Box, as was revealed today.
Wednesday, 30/04/2014 | 11:29 GMT by Steven Hatzakis
Regulation

China SAFE to Conduct More Rigorous Checks of FX Businesses

  • The PBOC's arm responsible for the FX market, the Chinese State Administration of Foreign Exchnage is raising alarm bells about bank conduct of FX regulations, as the Renminbi hits fresh 14 month lows.
Wednesday, 23/04/2014 | 12:17 GMT by Victor Golovtchenko
Exchanges

FXSpotStream Partners with BNP Paribas For Its Liquidity Provider Needs

  • FXSpotStream LLC, a subsidiary of LiquidityMatch LLC, has announced that BNP Paribas will become the newest liquidity provider for its client base, adding to an already robust list of banks responsible for this service.
Wednesday, 16/04/2014 | 14:38 GMT by Jeff Patterson
Analysis

HSBC Confirms: Two Forex Traders in U.K. Suspended After Internal Investigation

  • The ongoing global Forex investigation of major FX dealers continues to unfold with the latest suspension confirmed by HSBC after it let go of two foreign exchange traders from the United Kingdom.
Friday, 17/01/2014 | 17:39 GMT by Steven Hatzakis
Exchanges

Compagnie Financiere Tradition Gets Lloyds Bank To Join Its Trad-X MTF as Founder

  • The hybrid multilateral trading facility launched by the UK FCA-regulated subsidiary of Compagnie Financière Tradition, just got its latest founding member, as Interest Rate Swaps Derivatives builds in EUR, USD, and GBP
Wednesday, 15/01/2014 | 23:00 GMT by Steven Hatzakis
Executive Moves

GTS to Enter FX with New Senior Hire - Former Hotspot FX Co-Founder Steven Reich

  • US based market maker, Global Trading Systems (GTS), has announced the appointment of Steven Reich as its new Head of FX and Commodities Liquidity Solutions. The new role has been specifically created as the multi asset firm plans to enter the FX arena.
Thursday, 05/12/2013 | 12:15 GMT by Adil Siddiqui
Regulation

7 Banks Sued Over FX Rates Manipulation; HSBC Latest to Announce Cooperation with Authorities

  • A retirement fund from Massachusetts alleges that the international FX manipulation investigation exposes a conspiracy that violates US antitrust laws, hurting the returns on trades and pension plans.
Tuesday, 05/11/2013 | 11:48 GMT by Avi Mizrahi
See more
Next Previous
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}