UBS and JP Morgan walked off with the two
top awards unveiled at Thursday’s Profit
& Loss Digital FX Awards ceremony in London, the US bank becoming the
latest, and only the fifth bank in the 13 year history of the ...
Sources familiar with the issue tell Profit & Loss that Lloyds has asked
the judge in the tribunal hearing an appeal by Paul Carlier to end the action
with the bank paying the full settlement amount owed with no costs deducted.
Standard Bank South Africa (SBSA) has announced it has
selected Tradair’s e-FX platform to assist with the evolution of its FX
In a press release, Tradair states that the bank’s long-term
strategic vision is to “dominate ...
BNY Mellon has appointed Richard Gill as head of
its Markets business for EMEA.
Gill will lead the
regional business strategy and have overall responsibility for managing Markets
within EMEA. He will report to Michelle Neal, president of BNY Mellon ...
Westpac today became the second local bank
to be accused of “unconscionable
conduct and market manipulation” by the Australian Securities and Investments
Commission (ASIC) relating to the setting of the Bank Bill Swap Rate (BBSW)
interest rate benchmark fix.
The Bank for International Settlements
(BIS) launched its Triennial Central Bank Survey of Foreign Exchange and
Over-The-Counter Derivatives Market Activity today.
The survey has been running since 1986, and
is regarded as one of the most comprehensive sources of information on ...
The Swiss National Bank (SNB) announced
today via its annual report that it spent a total of CHF 86.1 billion buying
foreign currency during 2015.
“The vast majority of foreign currency
purchases… [were] made in January,” says the report, also noting that “...
The latest in a series of unfair dismissal claims involving
ex-Citi FX traders has been taking place in London, the third of four scheduled hearings.
Former Citi trader Robert Hoodless brought an unfair dismissal claim against the bank after he ...
A new survey of front office bankers finds
that junior staff have benefited from increased bonuses at the expense of more
The survey, from Emolument.com, says that
analysts and associates in front office roles have seen bonuses ...
Figures released by the Swiss National Bank (SNB) this week
show that the central bank lost a total of CHF 23.3 billion during 2015. The SNB’s
official annual results confirm the validity of provisional calculations released
in January that indicated a ...