The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

FX people moves: RBS loses EMEA institutional sales chief

Sources report that Enrico Casini has left Royal Bank of Scotland. Casini, according to his Linkedin profile, was “in charge of institutional sales for all FX and FX derivatives products into Europe, Middle East and Africa plus central banks globally” and that his “managerial duties are supported by strong producing skills (individual P/L of $25 million pa)”. A profit (and I assume he means profit when he says P/L) of $25 million is quite impressive – unless you are one of his clients.

Casini was a long-term RBS employee, having joined NatWest as head of European FX sales in 1997 from Nationsbank. It is not known where he is headed.

RBS has leaked some high-profile staff over the past few months, most recently Chris Fleming, head of EMEA flow sales and Steve Ashley, head of rates trading (FX news: RBS goes for quick FICCS). Both subsequently joined Nomura in London and Tokyo respectively.

On the subject of Nomura, we conjectured that the Japanese bank might be the destination of Barclays’ ex-head of EMEA institutional FX sales, Richard Longmore (FX people moves: Barclays Capital reshuffles as Longmore departs – but where to?). It looks like we guessed wrong.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree