Beecroft New Global Head at StanChart

Nick Beecroft, who was reported as leaving Deutsche Bank in last week’s Squawkbox, has joined Standard Chartered Bank as global head of foreign exchange trading, the bank confirms. Based in London, he will be responsible for FX spot, forward, NDFs and options trading. He reports to Jared Chase, group head of global sales and trading, […]
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Kaye Departs Rabo

Gary Kaye, formerly managing director and global head of foreign exchange at Rabobank Group in London, has left the bank, Rabo officials confirm. According to a spokesperson, no replacement has been named at this stage; however, David Vander, head of global treasury, London, is currently overseeing global FX.
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LCH Considers FX Clearing Services

The London Clearing House confirms press reports that the organisation is looking at the potential of providing clearing services for the FX industry. “We are looking all the time at areas where we can offer clearing services to the market,” says a spokesperson for the organisation. “We would not be looking so much at short term […]
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Sloan Unveils S3

Robert Sloan, formerly a managing director at Credit Suisse First Boston (CSFB) and chairman of CSFB/Tremont Index, has founded S3 Asset Management, a joint hedge fund aggregation service provider and a passive and active hedge fund investment vehicle. Sloan has spent the last year setting up S3, and is succeeded at CSFB/Tremont by Robert Schulman […]
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Barclays in Further Staffing Moves

Barclays Capital makes two hires and confirms two more. Tanguy Cruysmans joins the bank in London as a director in FX sales, reporting to Roddy Boulton, London-based head of European FX sales. Cruysmans joins from the Bank of New York, which declines to comment on the move or any replacement. Amy Yang has also joined […]
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Mattei Heads RBS’s Italian CBFM

Gianfranco Mattei has become managing director and head of the Corporate Banking and Financial Markets (CBFM) business in Rome for the Royal Bank of Scotland (RBS). He reports to Alessandro Mitrovich, Italy country head. The bank says that Mattei will be responsible for the management of the Rome office and for the delivery of all […]
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Fimat Expands in Chicago

Fimat recently hired Ryan Schiff as head of foreign exchange in Chicago. He joins from RJ O’Brien and brings with him three of his colleagues: John Duffy, Dan Stevenson and Craig Itagaki, who are traders, to operate the four person desk. Schiff reports to Fimat’s London-based head of global foreign exchange, Julian Knight. “It is […]
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King Joins Merrill

Merrill Lynch confirms that Graeme King has joined its London operation, trading euro spot and Eur/Usd, although officials decline to give further details. He joins from UBS Warburg in Singapore, where he was also said to have been a spot trader. UBS declines to comment on a replacement.
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Chapman joins Bank One

Pat Chapman joins Bank One’s Chicago operation as a senior euro trader, the bank confirms. He reports to Liz Schulz, head of spot trading in Chicago, and joins from Bank of America in New York, where he traded a variety of currencies.
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Bradford Increases Responsibilities at Deutsche

Following the departure of Juliet Wedderburn, formerly head of FX sales, UK, Deutsche Bank confirms that Drew Bradford has assumed her responsibilities as part of his role as head of FX sales, Europe. Wedderburn left the bank to join PaR Asset Management, a fund set up by Mel Mayne, former FX manager at Bank One.
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