Month: February 2009

Croatian National Bank Automates Treasury Processes with WSS

Croatian National Bank (CNB) has selected Wallstreet Suite technology from Wall Street Systems to help support reserve management operations as the country prepares itself for European Union integration. Implementation began in November 2008 and the system is scheduled to go live in mid 2009, officials say. Jadranka Marusic, director of international reserves and FX liquidity […]

Northern Trust Appoints CIO

Northern Trust has appointed Robert Browne as its new chief investment officer. Based in Chicago, he reports to Stephen Potter, president of Northern Trust Global Investments. Browne was previously at ING Investment Management in Atlanta, Georgia, which he joined in 2004 and most recently served as chief investment officer for fixed income and proprietary investments. […]

Icap Expands Base Metals Business

Inter-dealer broker Icap has added base metals options to its broking business with the recent hire of Keith Wildie and Gareth Hughes, who have been tasked with spearheading Icap’s expansion into the new product. Last summer, the company hired Robert Rees and Steve Bingley to build and lead its London Metal Exchange (LME) base metals […]

On the Move

Goldman Sachs, Deutsche Bank, Eurex, UBS, FOA, ELX, Goldman FX Strategist Leaves Jens Nordvig, foreign exchange strategist at Goldman Sachs, has left the firm. Dow Jones reports that Nordvig sent a note to clients on Friday (January 30) saying that he was leaving for a role with a large institutional money manager. New Middle East […]

Around the World…

Talking Cable, the release of a rogue trader, and defeat for Zimbabwe… Spoof or transparency? It was reported last week that billionaire investor George Soros has said he stopped shorting the pound below 1.4000. Now obviously the man has “previous” with the pound, as they would say in Britain (he made $1 billion by selling […]

And Finally…

We got another look at how the credit crunch is impacting the intermediary industry last week – and some of the signs are a little worrying unless the situation eases soon. I was doing some number crunching on figures from the US and UK FX committees (yes I did have to take my shoes and […]