Standard Chartered’s Global Head of FX Slated to Part Ways with Lender
- Mr. Gulabani originally joined Standard Chartered back in 2007, initially working as its Global Head of Interest Rate Derivatives.
Standard Chartered is slated to have a void in its 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 (FX) personnel by the years end, following the announced departure of Nitin Gulabani, its Global Head of FX, Rates and Credit. He will be parting ways with the lender at the end of December, according to a report at Risk.net.
Mr. Gulabani originally joined Standard Chartered back in 2007, having worked initially as its Global Head of Interest Rate Derivatives while based out of Singapore. Prior to Standard Chartered, Mr. Gulabani worked at Deutsche Bank in a variety of roles for over a decade. This included stints as a Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term trader as well as the Head of Global Currencies and Commodities in the group’s Asia-Pacific (APAC) unit.
Following his departure at years end, Chris Allington, Standard Chartered’s Global Head of the Currencies Business, and Neh Thaker, the groups’ Head of Options Trading, will be assuming the responsibilities vacated by Mr. Gulabani.
The move is the latest in a long list of announcements that have been permeating from Standard Chartered over the past few months. In November, Standard Chartered reported that it would cut approximately 15,000 jobs to help jump-start its retail transformation strategy. The news came after the bank recently reported its sagging Q3 2015 revenues that yielded an unexpected -$139 million loss.
Standard Chartered is slated to have a void in its 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 (FX) personnel by the years end, following the announced departure of Nitin Gulabani, its Global Head of FX, Rates and Credit. He will be parting ways with the lender at the end of December, according to a report at Risk.net.
Mr. Gulabani originally joined Standard Chartered back in 2007, having worked initially as its Global Head of Interest Rate Derivatives while based out of Singapore. Prior to Standard Chartered, Mr. Gulabani worked at Deutsche Bank in a variety of roles for over a decade. This included stints as a Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term trader as well as the Head of Global Currencies and Commodities in the group’s Asia-Pacific (APAC) unit.
Following his departure at years end, Chris Allington, Standard Chartered’s Global Head of the Currencies Business, and Neh Thaker, the groups’ Head of Options Trading, will be assuming the responsibilities vacated by Mr. Gulabani.
The move is the latest in a long list of announcements that have been permeating from Standard Chartered over the past few months. In November, Standard Chartered reported that it would cut approximately 15,000 jobs to help jump-start its retail transformation strategy. The news came after the bank recently reported its sagging Q3 2015 revenues that yielded an unexpected -$139 million loss.