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Foreign Exchange

BNP hires former Citi strategist Saywell and 4CAST's Attrill

BNP Paribas has appointed two senior currency strategists to its London and New York foreign exchange desks.

Steven Saywell, formerly Citigroup’s chief currency strategist, joins as head of FX strategy for Europe, while Ray Attrill joins as head of FX strategy for North America from macro analysis firm 4CAST. Both will report to Eric Auld, BNP’s global head of FX trading.

Saywell spent six years at Citi in senior currency research positions and was the principal author of the bank’s FX strategy publication, CitiFX Views. Before that, he was responsible for FX and interest-rate forecasting and analysis for Fuji Bank.

Attrill was responsible for 4CAST’s G10 FX projections. He co-founded the firm in 1995. Before that, he spent 12 years with MMS International (now part of Informa Global Markets), latterly as European managing director.

“Steven and Ray bring excellent track records and years of experience in FX strategy to BNP Paribas,” says Auld. “With these senior appointments, BNP Paribas showcases its commitment to providing our clients with top-quality research and strategy in foreign exchange.”

Clive Banks, global head of FX sales, adds: “Financial institution and corporate clients are increasingly looking for global macro thinking that will give clear informative commentary and tips to get the very best out of the FX market. Steven and Ray are real assets in helping our clients understand what is significant and what is not.”

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