David Puth

Puth quits JP Morgan

David Puth, head of global currencies and commodities at JP Morgan, has quit the US investment bank. Senior executives at JP Morgan said they were "very surprised" by his departure.

Corrie and Kyriakos-Saad latest to quit JP Morgan

John Corrie and Fawzi Kyriakos-Saad, who currently head equity and credit respectively at JP Morgan in London, have joined the mass exodus of investment banking staff that have left the bank in the past 12 months.

JP Morgan Chase’s merger plans revealed

JP Morgan Chase’s (JPMC) plans to absorb Bank One’s global foreign exchange trading business became clear last week, following the completion of the US banks’ merger on July 1, reports RiskNews’ sister publication FX Week .

Bank One casualties emerge

The first casualties from JP Morgan Chase’s upcoming purchase of Bank One – due to complete on July 5 – emerged last week with the news that both the Chicago-based bank’s foreign exchange heads in London are leaving, according to RiskNews’ sister…

Credit ratings come into FX focus

Credit ratings are becoming increasingly significant to foreign exchange market players, with downgrades increasing in the current economic downturn, market participants told RiskNews ' sister publication FX Week .

Banks go live on CLS

Continuous Linked Settlement (CLS) - the long-awaited industry initiative to cut settlement risk for foreign exchange - will go live today.

JP Morgan Chase denies speculation on energy trading exit

David Puth, JP Morgan Chase’s global head of forex, whose remit includes managing the firm’s energy business, has denied the bank was planning to exit the energy business in Europe, or elsewhere, despite losing a raft of key energy traders in the past…

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