Month: February 2005

BNPP Hires US Prop Chief

BNP Paribas (BNPP) appointed Peter Bainlardi as its new managing director and head of proprietary rate trading, based in New York. He joins from Barclays Capital in New York, where he was most recently head of US strategic trading. At BNPP, Bainlardi reports to Zbigniew Ryzak, head of US dollar rates trading. Bainlardi, says Ryzak, […]

WestLB Pulls Back from NYC

DNLG¼sseldorf-based WestLB announced it will carry out all its pricing from Germany, and has pulled back from trading major currencies in New York. However, Richard Breslow remains head of FX, North America, and the bank will continue to trade the Latin American currencies from the US base. Breslow joined WestLB as head of sales and […]

JP Morgan Loses One/Gains One in NYC?

Chris Webb, a vice president and FX trader at Goldman Sachs in New York, has reportedly left to join JP Morgan in a similar role; however, the bank could not confirm the move by press time. Meanwhile, according to sources, JPM has lost New York-based Chris Fahey to Merrill Lynch, where he joins the spot […]

Two Departures from Lehman New York

Joe Landes has traded Lehman Brothers for Dresdner Kleinwort Wasserstein, which he joins as a director and head of FX in New York, a new role at the bank. Separately, Lehman has lost spot trader Paulo Sirio, who has moved Barclays Capital in New York. At Lehman, Landes was reportedly senior vice president in the […]

Spencer Trades Citi for HSBC

Michael Spencer has reportedly left Citigroup’s FX hedge fund sales desk in London, according to sources, to join HSBC in a similar role. Neither bank could provide confirmation by press time.

Mitchell Takes Leave of Absence from NAB

Jeff Mitchell, who was promoted to general manager, Markets, effective October, at National Australia Bank, began a 12-month leave of absence on Friday, a spokesperson confirms. Mitchell got the top job amongst a slew of appointments to NAB’s Institutional Markets & Services (IMS) division late last year (see Squawkbox, September 27). Mitchell had relocated back […]

Millar Resigns Post at Lehman?

Sources say London-based Cameron Millar, global head of spot FX and proprietary FX trading, resigned from Lehman Brothers last week, although the firm declines to confirm the reports. Millar joined Lehman as co-head of European currency options trading in London in mid-2000 (see Profit & Loss, June 2000). Prior to Lehman Brothers, Millar was at […]

Cohen & Walkling Get New Roles at UBS

Seth Cohen, currently global head of B4B bank marketing for UBS Investment Bank’s FX business, will transfer to the bank’s corporate centre in a newly created role that focuses on UBS’s offshoring opportunities, according to the bank. Cohen begins his new job in March, reporting to Clive Standish, group chief financial officer. Cohen will be […]

BNP Paribas in European Sales Hire

Guido Williams joins BNP Paribas to manage a series of areas within the bank’s FX business. He will head fixed income derivative and foreign exchange sales to Italian corporates, as well as lead the FX sales team to Italian banks. He reports to both Dominique Leca and Francois Boisson, heads of derivatives marketing to corporates […]