People moves: Better luck for Brady?
Matt Brady will be hoping that having jumped from the fat and into the fire he has now finally moved to a cooler seat at a more solid institution. Brady joined HBOS in Sydney as its chief dealer FX last June after fleeing ABN Amro following the bank’s takeover by RBS. Now that HBOS has staged its own implosion and been consumed by Lloyds, Brady has moved on again – this time to JPMorgan as an executive director in spot FX trading. Brady, who apparently did a fantastic job for HBOS in the brief time he was there, is regarded as one of the best traders in the Sydney market.