Changes at AIG?

Unconfirmed reports from New York say that change may be afoot at AIG. According to our sources, AIG is merging its two subsidiaries: AIG Financial Products and AIG Trading; however, a spokesperson for AIG declines to comment on the rumours. Based in Greenwich, Connecticut, AIG Trading trades and makes markets in FX, emerging markets, precious […]
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Orefice Exits BofA

A spokesperson for Bank of America confirms that Mike Orefice, a sales person covering hedge funds and institutional sales who was working in both New York and Asia, has left the bank. The bank could not provide further details.
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Hayward Moves on from ABN

Rob Hayward, a senior FX strategist at ABN Amro’s London operation, has left the bank, officials confirm. Sources suggest that he is leaving the market to study for a PhD in economics. He formerly reported to Tony Norfield, global head of FX strategy, also based in London. According to a spokesperson for the bank, a […]
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Kumar Joins BofA

Ashwin Kumar joins Bank of America Securities in London, according to sources, as managing director and European head of interest rate derivatives trading. He joins after a two-year spell at Commerzbank Securities in New York, where he was head of US dollar interest rate trading. Prior to this, Kumar was a portfolio manager at NWI […]
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Bergander Joins HSBC from Deutsche

Joakim Bergander has joined HSBC as head of relationship management, institutional sales, global markets for the asset management, bank and insurance sectors. The London-based role gives him responsibility for the fixed income, FX and derivative businesses. Reporting to James Tanner, head of institutional sales, Europe and the Middle East, Bergander works alongside Anita Nassar, who […]
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Trio Set Up Fund

Mel Mayne (former FX manager at Bank One), Juliet Wedderburn (formerly head of UK sales at Deutsche) and Jim Trott (former chief dealer at the Bank of England and most recently, Reuters) have officially launched a hedge fund, PaR Asset Management. Based in London, the fund opened for business at the beginning of June.
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Currenex to Launch Executable Streaming Prices

Multibank portal Currenex is about to rollout Executable Streaming Prices (ESP), its latest module that targets the more active traders. ESP will utilise an entirely new user interface that will continuously display live, executable prices streamed from member banks. The new look and feel of the product, for those used to viewing an EBS screen, […]
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Kerins Exits BBH

Brenda Kerins, formerly vice president and head of FX ecommerce marketing at Brown Brothers Harriman in New York, has left the bank, it confirms. Kerins, who has been with the bank for about a decade, has been on maternity leave following the birth of her first child, and has subsequently decided that she will not […]
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Changes at Ulster Bank

Ulster Bank Group has had a shake-up of is Corporate Banking and Financial Markets division (CBFM) following the decision by Declan O’Neill, head of the Financial Markets Division, to seek a career change. “After being involved for close to 25 years in financial markets, I have decided to pursue other interests,” says O’Neill. “I have […]
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New Chief Dealer for Rabobank

Mark Timpson is joining Rabobank as London’s head of FX spot trading, reporting to Gary Kaye, managing director and global head of FX, who is also based in London. He previously spent eight years with Citigroup in London and has also worked for HSBC. Timpson succeeds Martin Chantree who recently left the bank April (see […]
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