Nomura, Deutsche, Instinet

NOMURA HIRES LEHMAN FIXED INCOME STAFF

In order to expand its European fixed-income division, Nomura will hire 150 former Lehman Brothers staff, according to officials. The hires are in the flow and solutions businesses and will add to the bank's existing credit, interest rates and foreign exchange (FX) businesses, say Nomura officials. The fixed-income units will continue to report to Zenji Nakamura, global head of fixed income.

VARMA TO LEAD DB IN INDIA

Deutsche Bank has appointed Munish Varma as

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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