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Foreign Exchange

BBVA makes two FX hires in London

Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s second-largest lender, has made two hires in its FX division, according to two people familiar with the situation.

It has hired Malcolm Day as head of emerging markets trading, reporting to Andrew Brown, global head of FX at BBVA, and he will be based in London. It has also hired Danny Olive for hedge fund sales, also based in London, reporting to Luis Azofra, global head of FX sales. A BBVA spokesperson declined to comment.

BBVA rose five places to 27th in this year’s Euromoney FX survey. It went up five places to eighth with Latin American corporates, and also five places to 14th with the same client sector in western Europe.



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