CAI Undergoes Expansion- Bolstering Global Operation

Credit Agricle Indosuez (CAI) wants to be number one. The French bank has recently made a number of hires in London to bolstering its euro coverage, according to London-based FX manager Simon Eedle, and is also looking to strengthen its sales operations. Steve Walker joined the bank as deputy chief dealer in charge of euro/dollar […]
Read More »

RBC Duo Klingsick & Barnett Announce Joint Retirement

Having worked together for 25 years, all of it with the Royal Bank of Canada (RBC), Martin Klingsick and David Barnett announced their joint decision to retire from the markets this summer. Upon leaving, Klingsick was the regional head of treasury for Europe and Asia covering all products from London, and Barnett was the co-global […]
Read More »

NAB Hires CSFBs Cole In Overseas Sales Drive

The National Australia Bank is midway through a concerted effort to broaden its reach into the corporate and funds management sectors. Since January, the bank has relocated several senior managers in an effort to place local heads of markets in each of its major centres. NAB shuffled the deck at the beginning of the year, […]
Read More »

S&P’s MMS Revamps Global Currency Service

Standard & Poor’s MMS is revamping its currency service – making the front-end of the product more market and strategy oriented, says an official. The service, Currency Market Insight, has a new focus on market reporting, offering minute by minute updates on the Market Pulse pages, which include rumours, flows and independent views. The technical […]
Read More »

FNX Launches Derivatives Modules on Sierra System

FNX has launched two additional derivatives modules to its Sierra System, which provides integrated trading, risk management and operational control across all asset classes. The derivatives and structured products add-ons were developed in conjunction with leading derivatives experts, Drs John Hull and Alan White. With the launch of this latest software, which complements its money […]
Read More »

The Interbank Market is Dead-Is Customer Business Next?

The forex market is on the verge of a dramatic transformation-one that could mark the death of the interbank market as we know it-or so say some industry sources. The change would put customers on par with the banks, using the same electronic broking services that have nearly obliterated FX spot brokers and changed the […]
Read More »

Banks Reassess Their Commitment to Singapore

While some in Singapore say life is beginning to return to normal since the height of the Asian currencies crisis, with volumes picking up and confidence returning, others say that the recovery may not be robust enough for banks to justify keeping trading desks fully staffed. In the past, the off-shore funds business kept a […]
Read More »

Perréard Partners Investment Starts Trading in Geneva

Perréard Partners Investment (PPI), the new Geneva-based asset management firm started by Yves Perréard, began trading in May with CHF10 million under management. Perréard says he hopes to raise this amount to CHF100 million by the end of the year. Perréard, chairman of PPI, was previously the senior managing director in charge of the European […]
Read More »
1 2 3 4 5 738 739 740 741 742