UBS
DoJ seeks stay on benchmark case discovery
Antitrust division tells court the request is to protect the integrity of ongoing cases
Magnussen joins Nordea from UBS
New foreign exchange trader at Nordea in Copenhagen
Bloomberg leaves Nomura
The New York-based EM sales specialist voluntary resigned her position
Khan joins UBS in New York
He returns to the US after having spent several years at Goldman Sachs in London
Rise of the cyborgs: tech remakes the front office
Dealers “have no choice” but to change, says UBS’s Orcel – and plenty of changes are coming
Awards: UBS
UBS has been voted the winner of three categories at the 2018 FX Week e-FX Awards
DoJ asks for discovery stay in benchmark case until ‘Cartel’ case ends
US tries to balance need to protect ongoing criminal investigations and lawsuits with civil attorneys’ desire for additional testimonies
Germany or Brazil most likely to win World Cup – UBS
A report, ‘Investing and football’ from UBS Wealth Management’s chief investment office, assesses team prospects at the tournament
Jefferies hires Malin and Hart
Rob Malin joins e-FX sales, reporting to Tom Robinson, while Dan Hart will be part of the FXPB team
G10 FX revenues hit two-year highs – Coalition
The first quarter of 2018 saw a reversal of revenue contraction seen in the last two years, with profits up 20%
Mount joins Cryptalgo’s advisory board
The crypto broker and algo provider appoints Ed Mount as chief adviser for trading technologies
Haider set to exit BAML
Tariq Haider will leave his FX institutional sales role in London
360T hires three for senior FX roles
Randy Rupan, Robin Nicholas and Paul Lonsdale join the trading venue
Ficc revenues bounce off lows but still down
European banks bounce off lows in Ficc revenues in the first quarter of the 2018, but year-on-year earnings remain negative
Kamrath joins crypto-tech company Rubicon
Ray Kamrath was previously the global head of FX at Jefferies
McDermott to join SocGen as Americas FXPB head
Brian McDermott is set to join Societe Generale on April 23, after resigning from Traiana
Mark Yallop joins OpenFin
He is appointed as a non-executive board director
Fresh Libor claims may follow PAG appeal, but the clock is ticking
Potential consequences of PAG decision are far-reaching in scope and scale, says Simon Bushell at Signature Litigation
JP Morgan dominates G10 FX revenues for 2017 – survey
Coalition’s investment banking survey shows the US dealer garnering the highest revenues in the space; HSBC jumps to second place
Antitrust attorneys prepare to depose UK traders
Despite the court extending a partial stay on depositions until June 8, lawyers have been granted access to interview some UK-based people
Euro has more room to appreciate – UBS
The Swiss bank says structural drivers in the economy favour upside risks in the euro, while the greenback faces risks
European banks see Ficc revenues slip in 2017
In contrast to robust trading activity in 2016, Ficc trading fell across the board
FXSpotStream adds State Street as LP
Execution venue records highest-ever average daily volumes in January
BNP Paribas pleads guilty to FX price-fixing
French bank regrets the misconduct and will pay $90 million to resolve investigations into its currency trading practices