Month: June 2005

Condon to Lead Electronic Marketplace Initiatives

Service provider GlobeOp Financial Services (GFS) has brought onboard Edward Condon as its new director of business development for electronic marketplace initiatives. In this newly created position, Condon will mainly be responsible for building out GlobeOp’s bridges to electronic trade execution platforms, trade booking and additional outsource services. According to the firm, Condon’s hire will […]

RBS Makes Sales Hire in NA

The Royal Bank of Scotland (RBS) Financial Markets hired Edward Fluss as vice president for e-commerce sales in North America. Fluss joins from institutional online broker Instinet/Island, where he was a vice president in product management and date services covering a variety of equity trading, applications and systems. Reporting into Matt Thomas, head of financial […]

Bear Stearns Hires Cohen

Bear Stearns International hired Jason Cohen as managing director on the interest rate derivatives desk to assist with the expansion of its European swap capabilities, officials say. He reports to Antoine Abdini, senior managing director and head of European interest rate derivatives trading. According to Abdini, Cohen’s hire represents the firm’s “continuing commitment to expand […]

WestLB Connects with Cognotec

Cognotec and WestLB have partnered to deliver live automated market making to 360T’s buy side portal. 360T is a Germany-based electronic marketplace for cross-product over-the-counter financial transactions and offers electronic trading and straight-through processing on a range of instruments, including FX. By implementing Cognotec’s 360T Connect, WestLB will be able to distribute FX prices directly […]

BoA Confirms Hire

Kamal Sharma has joined Bank of America, London, as a vice president and G10 currency strategist, an official confirms. Sharma jointly reports into Alain Delelis, head of global spot and emerging market trading and overall head of Europe, Middle East and Africa FX, and Robert Sinche, head of global FX strategy, in New York. Sharma’s […]

Smart to Join Morgan Stanley

Jeremy Smart, formerly director and head of currencies and commodities at Deutsche Bank in London, is reportedly joining Morgan Stanley later this summer, according to a source close to the bank. Smart will be global head of marketing for the electronic client services, reporting into Caren Roseman, head of electronic client services.

Deutsche Loses Two?

Market sources report that Marco Pelizolli is trading Deutsche Bank for Bank of America in London. These sources say he was in a senior e-commerce role prior to his departure. Separately, Al Tunis, head of hedge fund sales at Deutsche, has reportedly followed Steve Turner to Unicredito Banco to set up a hedge fund desk […]

RBS Hire for Inflation Trading

The Royal Bank of Scotland Financial Markets has appointed Chris Thomas as the new head of GBP inflation trading and deputy head of inflation trading in London. He reports to Charles Harris, global head of inflation trading. Prior to joining, Thomas worked at Deutsche Bank, and before that, at UBS. According to Harris, Thomas’ hire […]

BBH Fortifies European Presence

Brown Brothers Harriman (BBH) is creating a series of executive positions to support a growth drive in Europe. Officials say these new roles will help to build the FX desk in London, establish a European securities lending business, and continue the growth of the European brokerage and fund distribution activities, among other activities. BBH says […]

RBS Brings Out New Service Tool

The Royal Bank of Scotland (RBS) last week launched Openvu, a service that enables clients to “immediately reach anybody globally within RBS Financial Markets in sales, trading research or operations. The bank says the aim of Openvu is to make business with the bank “simpler and more efficient for key clients”. Customers can define to […]