Dresdner Hires Props Traders in London

Dresdner Kleinwort Benson has hired two traders for its proprietary team in London. Cameron Small joined during the summer from Cargill, while Rahul Kumar joined two weeks ago from Salomon Smith Barney. The hires fill gaps left by the departure of two prop traders who joined AIG in July – Manny Mifsud and Joe D’Alessandro.
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Rabobank’s Cuthbert Leaves the Bank

Bill Cuthbert, most recently head of global financial markets for Rabobank International in London, left the bank over the summer, following the consolidation that resulted in 105 cuts to the London team. As of P&L’s press time, Cuthbert had not yet resurfaced at another institution. Cuthbert joined Rabobank in late 1997 from Deutsche Bank (where […]
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BankBoston Builds Team in London

BankBoston has made several additions to its team in London, confirms Max Tanaka, chief dealer. Angie Chewh is the bank’s new London-based FX sales manager. She was most recently working at Commerzbank in the portfolio management sector in Frankfurt. In another sales side hire, Bruce Campbell joins the institutional sales desk. He was most recently […]
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Tokyo-Mitsubishi Shuffles Managers in Tokyo

Bank of Tokyo-Mitsubishi has named Akihiko Kagawa as its new FX trading manager in Tokyo. He succeeds Makoto Miyazaki, who is now working in Tokyo-Mitsubishi’s fixed income division as chief manager of the bond investment department of the securities investment division.
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State Street Hires Krinte for Sales Team

Joacham Krinke has joined State Street Bank in London as senior European institutional sales dealer. He was most recently at Rabobank International. He reports to FX sales manager Guy Kirby, who joined State Street last year from Citibank.
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RBS Adds to Sales Team in Scotland

Alistair McLean has joined the treasury sales team at Royal Bank of Scotland in Edinburgh. He was most recently with Clydesdale Bank, where he held a similar position. He fills a post recently vacated by Bruce Campbell, who joined BankBoston in London. A spokesperson says the team in Edinburgh complements the treasury based in London, […]
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Lawrence Resigns from Tullett & Tokyo After 20 Years

John Lawrence, European managing director for Tullett & Tokyo in London, has retired from the markets after 20 years. Bruce Collins, Tullett’s Tokyo-based regional managing director for Asia, succeeds him in the role. Collins takes up his London post October 1. Meanwhile, Benny Luk has been named as the new MD for the region, based […]
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CBA Bolsters Sales Desk in London

Commonwealth Bank of Australia has hired Brian Jude for its investor sales desk in London, confirms FX manager Andy Baxter. Jude was most recently with Commerzbank. In his new position, he reports locally to Baxter and also to Kurt Magnus, global coordinator of investor sales, based in New York. Several months ago, CBA hired John […]
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McAuliffe Takes New Position with BofA

John McAuliffe, previously head of ABN Amro Bank’s Chicago-based currency options team, has joined Bank of America as manager of structured products. He reports to Justin Foley, head of global options in Chicago.
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What Do Corporate Customers Really Want?

In a market that is geared towards customer service, it seems the banks and their corporate customers have very different ideas as to what this service is – and what each thinks it should be. Profit & Loss’s FX Corporate Treasury Report tries to find some answers. Most banks say their number one priority is […]
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