FX veteran to set-up research firm in the mountains

One Ski Hill Place, Peak 8

Greg Gibbs is swapping downtown Singapore for the ski slopes of Colorado, as the 26-year foreign-exchange industry veteran departs Royal Bank of Scotland to set up a research firm in the Rocky Mountains.

Bloomberg News reports that the 49-year-old Sydney native plans to work Asian hours producing research on major and Asia-Pacific currencies, as well as Australia and New Zealand interest rates.

He started buying properties including ski condos in Colorado some four years ago to get ahead of a rally in the greenback that has seen it soar from a record low against the Aussie dollar.

Gibbs is joining a trend among finance professionals of working at a location of their own choosing rather than the centers of global commerce. European alpine resorts such as Verbier and Chamonix have lured traders and fund managers from places such as London as they seek proximity to their favourite pastimes.

To access the complete Bloomberg News article hit the link below:

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