Month: August 2006

Cowan New FX Head at Bank of Ireland

Trevor Cowan, former global head of foreign exchange trading at WestLB, has joined Bank of Ireland in Dublin as head of FX trading. He reports to David Tilson, head of Euro Markets. Cowan spent three years at WestLB in DNLG¼sseldorf running the bank’s global interest rates and FX trading business. Prior to WestLB he was […]

Standard Chartered Makes Senior Management Changes…

Standard Chartered has made changes to its senior management line up under global head of foreign exchange, Nick Beecroft. David Beehas beenappointed regional head of global markets, Europe while David Castle has relocated to New York to head global markets, Americas. Castle who headed the global markets, Europe business for 16 months begins his new […]

…Hires Gibbinson from Citi

In other news, Peter Gibbinson will be joining Standard Chartered as a senior FX trader based in London. He will report to Richard Selby, regional head of FX trading. Previously, he was at Citigroup in London in a similar role.

BNP Paribas Strengthens Real Money FX Sales

BNP Paribas has hired Tim McCullough to its UK real money sales desk for foreign exchange in London. He reports tohead of the desk, Jonathan Pollock. McCullough joins Richard Brownlees, who as Squawkbox reported last week, joined the desk this month. He comes from a sales and proprietary trading background, and worked most recently at […]

RBS Launches Electronic Inflation Swaps on Bloomberg

The Royal Bank of Scotland has launched electronic inflation swap trading within its single dealer portal on the Bloomberg terminal – the first bank to do so. The RBS inflation trading service provides prices from European inflation markets, creating a real-time tradable market to be streamed to customers’ desktops. The offering covers the main European […]

HSBC Trades First RMB Interest Rate Swaps

The first-ever renminbi non-deliverable interest rate swap transactions were conducted in Hong Kong last Wednesday (August 16) by HSBC and Standard Chartered, establishing an important hedging tool for investors and corporates in the fastest growing world economy that is China. The non-deliverable RMB interest rate swap was developed to help corporate clients and financial institutions […]

IFX Capital Launches Multi-Manager Program

IFX Capital has unveiled the IFX Multi-Manager Program, which is designed to appeal to both retail and institutional customers who wish to invest in the FX markets. The company claims it is the first multi-manager program run by an investment manager to use allocations to managed accounts as opposed to a "fund of funds" structure. […]

Tullett Prebon Information Hires in Asia

Ian Tham has been appointed head of Asia Pacific sales at Tullett Prebon Information, the market data vending arm of interdealer broker Collins Stewart Tullett. Based in Singapore, he reports to Darren Bishop, the London-based head of information sales for Europe and Asia. He joins from research ratings provider Starmine.

Aspect Hires Parkin

European hedge fund manager Aspect Capital has appointed John Parkin director of distribution, reporting to John Wareham, chief commercial officer. Parkin’s primary responsibilities will be to continue development and execution of Aspect’s global distribution strategy and to focus on the further development of Aspect’s institutional investor base in the UK, according to the company. Parkin […]

PSERS Selects Pareto for Overlay Strategy

The Pennsylvania Public School Employees’ Retirement System (PSERS) has selected Pareto Investment Management to manage a $5.2 billion currency overlay strategy. PSERS serves 470,000 public school employees and is responsible for approximately $56 billion in assets. Pareto’s active strategy is designed to control risk and add value to the retirement system’s international investments, the firm, […]