Barclays Appoints Okura To Head FX in Tokyo

Barclays Bank in Tokyo has named Takashi Okura as director and head of FX. He succeeds Makoto Kojima, who has transferred to Barclays Capital in a management role and head of institutional sales. Okura, who has spent his entire career in FX, was most recently treasurer at First Chicago/Bank One. He was recently appointed as […]
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CME Names McNulty President & CEO

The Chicago Mercantile Exchange has named James McNulty as its new president and chief executive officer. McNulty, who takes up his post on 7 February, was most recently managing director at Warburg Dillon Read, where he was co-head of the corporate analysis and structuring team in the Corporate Finance division. “Traditional financial markets are at […]
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Doyle Joins Co-op Bank In London as FX Chief

David Doyle, vice president of ACI UK, has joined the Co-operative Bank in London as the new FX manager. Doyle was most recently with Banca Popolare di Milano, where he spent the past six years as head of FX and proprietary trading.
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Geensen Leaves Rabobank

After just a brief stint as treasurer of Rabobank International in London, it was mutually agreed that John Geensen would leave the bank, says an official. His whereabouts could not be determined by press time.
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Poland Takes a Step Closer to EU Entry

  By Sian Jones, Currency Strategist, MCM Polish aspirations of full European Union entry will take a step closer to fruition with a free float of the zloty in the first half of this year, but could create a headache for the National Bank and Ministry of Finance in the form of unwanted currency strength. […]
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Dresdner Hires European FX Sales Managers

Dresdner Kleinwort Benson recently named two new managers for its FX sales operations in Italy and France. Andrea Gentili joined the bank from Credit Suisse First Boston in Milan as head of FX sales for Italy. Meanwhile, Gilles Bransbourg joined from Deutsche Bank in Paris as head of FX sales for France, Iberia and the […]
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Merrill Hires Wintersgill For Hedge Fund Sales

Graham Wintersgill is joining the hedge fund sales desk at Merrill Lynch in London. He was most recently with ABN Amro Bank in a similar capacity. He fills a space left by David O’Connor, who recently joined DLJ International.
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Parker Global Hires Warsager as MD

Randolf (Randy) Warsager has joined Parker Global Strategies, as managing director, Client Services and Education, according to Virginia Reynolds Parker, president of the global asset management firm that specialises in alternative investments. Warsager was previously vice president of Alternative Investment Research and Education at the New York Mercantile Exchange. “Randy’s knowledge of alternative investment strategies […]
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Jobs Outlook: Sales & Structured Products Dominate the Horizon

The jobs market has experienced a shakeout over the past couple of years – due largely to bank mergers and technological advances. So the quality of staff is better today than ever; however, this means that competition for jobs is hotter than ever, as banks look increasingly to dealers that can bring something extra to […]
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Euro Leads to Drop in FX Derivatives Trading Says BIS

The Bank for International Settlements (BIS) has found a sharp reduction in trading of foreign exchange derivative contracts, although these contracts still account for the second largest sector behind interest rate instruments. The findings were published in the BIS’s latest semi-annual report on positions in the global OTC derivatives market, which was released on 24 […]
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