Month: August 1999

Chase’s David Adamson Looks a Gift Horse in the Mouth

David Adamson celebrated his exit from the markets with the “ritual” leaving party at Little Havana in Leicester Square, where hundreds of friends and colleagues gathered to wish him well in his retirement. ’Ritual’, it turns out, is a racehorse – which Adamson’s former colleagues from Chase bought him as a leaving gift. Adamson, together […]

David Clark Announces His Retirement at Forex 99

David Clark, former president of ACI – The Financial Markets Association, announced his retirement during the Forex 99 event in Milan. Clark, 51, served as president of the association from 1992-1995 and oversaw a number of changes that made the organisation what it is today. During is tenure, the education initiative took shape through the […]

NAB’s Mike Eastaway Welcomes a Challenge

And why shouldn’t he? He’s had enough to last him a lifetime – and yet, he still wants more. Mike Eastaway is a man of many talents – he is part of the institutional sales operation, looking after Europe and Asia for the National Australia Bank in Sydney. He’s the first Australian elected to the […]

TheBeast.Com: The Fastest Analytical Network on the Planet

Tim Boyle, formerly president of Tullett & Tokyo International in New York, has moved over to Tullett’s fully owned subsidiary, CastleNet. Boyle, who has served as chief executive for CastleNet since it was set up in 1995, will now be working for the software house on a full-time basis, although he remains on the international […]

Wall Street Systems Launches Internet-Based Front End

New York-based Wall Street Systems (WSS) has launched an Internet-based front end to its treasury transaction processing system. The new module, which launched at the Forex 99 conference in Milan in July, is currently in beta tests at two customer sites and should be available towards the end of Q4 or early 2000. Les Gosling, […]

Q&A With Allied Irish Capital Management

Company Information   Company Name: Allied Irish Capital Management Ltd. Address: 85 Pembroke Road, Ballsbridge, Dublin 4   Ireland Contact Name: Gerry Grimes Phone Number: 353 1 668 8860 Fax Number: 353 1 668 8831 E-Mail: Ggrimes@aicm.com Product Name: Foreign Exchange Program Product Assets: As at end June 99: $361.1 m Total Assets Under Management: […]

The New Faces at Prebon Marshall Yamane

Since the June 1 merger of Fulton Prebon Group and Marshalls Finance, a few things have changed at 155 Bishopsgate. For one, Prebon has a spot desk again. For another, the former rivals have created a truly integrated operation, run by joint managing directors – Garry Pithers of Prebon and Tony Verrier of Marshalls. Prebon […]

Tullett & Tokyo and Bloomberg Plan Electronic Forward System

Tullett & Tokyo International is one shop that is taking a proactive role. In June, the shop unveiled plans to launch an electronic trading service with Bloomberg for FX forwards. The new system, Fast Forwards, was previewed at Forex 99 in Milan last month and is scheduled to enter beta tests with customers in the […]

Living Large: Deutsche Digests Bankers

Sitting in a brand new, 700-position dealing room in the City, Deutsche Bank is digesting its June acquisition of Bankers Trust. The German bank is now positioned as one of the top three global custody banks, and has adopted some key areas of strength from Bankers’ forex business. On top, things look very much the […]

What Happened to Rabobank?

After announcing a commitment to build a world-class forex operation nearly two years ago, Rabobank decided in June to curtail the business. The decision resulted in 105 job cuts in London (about one-third of the dealing room) as part of a restructuring of its wider international wholesale operation. With the decision to relocate the London-based […]