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.