UK financial regulator the Financial Conduct Authority (The FCA) has decided to prohibit Tom Hayes from performing any function in relation to any regulated activity in the financial services industry. The FCA considers that Mr. Hayes is not a fit and proper person as a result of his conviction for conspiracy to defraud in relation…
Read more
LeapRate Exclusive... He's back in the FX game again. After more than two years out of the business, LeapRate has learned that seasoned FX industry executive Francisco Heredia has joined State Street Corp (NYSE:STT), as a Managing Director with State Street's Global Link trading services in Boston. Global Link, or more formally State Street Global Markets, provides specialized…
Read more
Ally Financial Inc. (NYSE: ALLY) just announced that Dinesh Chopra has joined the company as its new Chief Strategy Officer. In his newly-created role Chopra will lead Ally's Corporate Strategy team, helping to foster its growth and evolution as a leading digital financial services provider and define the elements of Ally's future strategic plan. Chopra…
Read more
The Board of Directors of Hong Kong Exchanges and Clearing Limited (HKEX) announced that it has today approved the appointment of Julien Kasparian as a member of the Clearing Consultative Panel to fill the vacancy arising from Stephanie Marelle’s resignation. HKEX thanked Ms Marelle for her dedicated service to the panel. The Clearing Consultative Panel…
Read more
Jay Hooley to Retire as CEO by End of 2018; Vice-Chairman Ron O’Hanley to Succeed Hooley as CEO and is Appointed President & COO State Street Corporation (NYSE: STT) today announced that Jay Hooley will retire as CEO by the end of 2018 after more than 30 years with the company and will remain as…
Read more
Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced its Q3 2017 report, along with the planned retirement of its Executive Vice President, Chief Financial Officer (CFO) and Treasurer, Alan Dean, at the end of December 31, 2017, after 38 years of service to the company. Cboe plans to promote Brian Schell, currently Deputy CFO, to…
Read more
Torstone Technology, the global provider of post-trade securities and derivatives processing, today announced the appointment of Payal Raina to the newly created position of Global Head of Marketing, with immediate effect. Payal Raina will be responsible for overseeing Torstone Technology’s global marketing and branding initiatives as well as internal and external communications for the company.…
Read more
The Ontario Securities Commission (OSC) has announced that the term of Maureen Jensen, Chair and Chief Executive Officer (CEO) of the OSC, has been extended for three years by the Ontario Ministry of Finance. The Order in Council is accessible on the Ontario Government’s website. Maureen Jensen is an outstanding leader who brings exceptional value…
Read more
Interdealer broker TP ICAP (LON:TCAP) has announced the appointment of Eric Sinclair as CEO, Information Services. Sinclair will join TP ICAP on 13 November following Frank Desmond’s decision to leave the company after 12 years of service. Eric Sinclair has a wealth of experience across the financial services industry, and spent 14 years at the…
Read more
The Securities and Exchange Commission (SEC) announced that David Glockner, Director of the Chicago Regional Office, is planning to leave the agency later this month. Since late 2013, Mr. Glockner has led a staff of approximately 270 enforcement attorneys, accountants, investigators, and compliance examiners involved in the investigation and prosecution of enforcement actions and the…
Read more