Credit Suisse Secures Veteran Günter Grimm as FX Strategist

Credit Suisse has started off May by appointing a new director in foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term) - Dr. Günter Grimm, Finance Magnates has learned.

According to his LinkedIn, Grimm joined the Swiss multinational bank in May, as a forex strategist.

Grimm has had a varied and extensive career in the forex industry, holding a number of senior and director positions focusing around the asset.

Grimm Left UBS to Join Credit Suisse

Joining Credit Suisse meant Grimm had to leave his position as an Executive Director in FX institutional sales at fellow Swiss bank UBS - a position he held for more than eight years.

During his time with UBS, which commenced in March of 2011, he also worked with the UBS Knowledge Network, his LinkedIn states.

Throughout his career, Grimm has worked at top-tier banks, including Goldman Sachs, JPMorgan, and RBS.

Before his stint at UBS, he spent under two years with the Royal Bank of Scotland (RBS). Here he was the Head of Real Money Sales for FX & Commodities for Germany, Austria and Switzerland, and a director.

Prior to this, he was a Director of UniCredit, Head of European Real Money FX Sales for almost two and a half years and the Vice President, Foreign Exchange Sales, Credit & Rate Markets at JPMorgan for four years.

Although his career started in 1986, Grimm began to focus on FX in 1996 when he joined Allfonds Management as an FX Strategist and Portfolio Manager.

In this role, he was responsible for currency strategy, management and research for the institutional asset management division of the bank, his LinkedIn states.

From here, he then went on to become an executive director at Goldman Sachs, where he was a currency and fixed-income portfolio manager.

Joining in October of 1998, Grimm worked for the American firm for almost four and a half years, leaving in February of 2003. Whilst working for the company he was based in London.