Fun at the Euromoney FX forum
I have just got back from an enjoyable trip to New York, which I visited to attend Euromoney’s third annual Forex Forum USA. It was a great chance to meet up with some old friends and make new ones. The only downsides were that the visit was so brief and the journey back to London so awful. The conference saw some pretty lively debate, which is good – it’s opinions that make markets.
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My visit got off to an excellent start with a meeting at HSBC. When I was in my prime, I worked at Midland, one of HSBC’s constituents. I am also a shareholder, along with most of the UK population, and I will get a pension off the bank in a few years time. Despite all that, it’s fair to say that my relationship with HSBC could be better.
That said, I was really impressed with the team Ben Welsh, deputy head of global markets North America, has put together in New York. They seem confident, without being arrogant, and appear to have carved out a great franchise in the Americas. It was nice to have a meeting that was so open. I was also impressed with HSBC’s stand at the conference – more of which later.
On Monday evening, I went to dinner with an old colleague who is now a bit of a big cheese in the hedge fund world.