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. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

People moves:

For premium subscribers' eyes only (Level 2)

Goldman keeps quiet on new FX head

Goldman Sachs has yet to confirm who is replacing Bobby McTamaney, its co-head of global FX and emerging market trading, who is relocating from London to Tokyo to take on a new role as co-head of the bank’s pan-Asian securities business.

Sources say that Ashok Varadhan, currently Goldman’s head of US interest rate products, will assume responsibility for G10 currencies. Greg Tebbe, who most consider McTamaney’s co-head of FX but Goldman will only confirm is a managing director, will run emerging markets.

AXA Investment Managers strengthens FX team

AXA Investment Managers has appointed Lucio Sarno as director of currency research to expand its recently formed currency management team within its fixed-income business.

Sarno, who was previously professor of finance at Warwick University and associate dean of research of Warwick Business School, will report to Andrew Dales, AXA IM’s head of currency management. He will join the company in March 2007.

AXA IM established its currency management team in June 2006, with the appointments of Andrew Dales and Jean-Philippe Gruvel from Barclays Global Investors.

Nick Parsons leaves Commerzbank

The high-profile Nick Parsons has left his role as head of macro research at Commerzbank, where he worked for around seven years.

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