Clik here to view.
The 25-year cycle of misconduct in financial markets and how to break it
Gerry Harvey and Mark Yallop, of the FICC Markets Standards Board and Bank of England's Prudential Regulation Committee, talked to Business Insider about banking culture and malpractice.The same 26...
View ArticleClik here to view.
It's not looking good for Wall Street bond traders
There's more bad news for Wall Street credit traders: fourth-quarter revenue projections are looking bleak.A recent credit sell-off and widening spreads have stoked fears that investment bank woes...
View ArticleClik here to view.
A top Wall Street recruiting firm just published its hiring outlook for debt...
While 2017 was a down year for fixed income, currency, and commodities (FICC) desks, the hiring landscape has some bright spots, according to top recruiting firm Options Group.It's a mixed bag though,...
View ArticleClik here to view.
Goldman Sachs just had a historically bad quarter in trading
Goldman Sachs just released results from its fourth quarter, beating analyst expectations with adjusted earnings of $5.68 per share. However, the fixed-income business struggled again, with revenues of...
View ArticleClik here to view.
A business that many on Wall Street left for dead is starting to jolt back to...
Fixed-income trading has suffered across Wall Street in the past few years.That's thanks in large part to market volatility evaporating.It's early, but there are signs that volatility is ramping up and...
View ArticleClik here to view.
UBS has assigned one of its top traders to head a team building the fixed...
A top UBS trader has a new role at the bank helping build the fixed income "business of the future."Christopher Purves, previously the co-head of the Swiss bank's fixed-income trading business, is now...
View ArticleClik here to view.
UBS on Goldman: 'We believe concerns over Marcus are overblown'
Concerns have been raised about the number of subprime customers Goldman Sachs' online lending business Marcus has lent to.UBS says concerns are "overblown" and Marcus is the right long-term move for...
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This is the slow death of investment banking in 4 charts
Investment banks are under pressure.Regulation, sluggish economic activity, and political uncertainty have all combined to depress revenues.Tougher capital and conduct rules, in the wake of the...
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JPMorgan smashed it out of the park thanks to growth in one huge business
JPMorgan kicked off earnings season for banks on Friday and crushed it.The firm beat analyst expectations across investment banking and trading — and had a historically strong quarter in one business...
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Morgan Stanley laid off a bunch of bond traders last year — now the business...
Morgan Stanley may finally be seeing a turnaround in a hugely significant — but recently disastrous — business.The firm just had its strongest quarter in fixed income sales and trading since the...
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Goldman Sachs could earn an extra $3 billion from a major trading rebound
There's a major rebound underway in the fixed income, currencies, and commodities — or FICC — trading business on Wall Street, and one bank stands to win big from it.Goldman Sachs could earn as much as...
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London fintech Algomi landed a $10 million investment from exchange giant...
LONDON — European exchange operator Euronext has invested $10 million (£8.1 million) in London fintech startup Algomi.Euronext announced the investment on Friday. It already has a joint venture with...
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This brutal table spells bad news for Wall Street banks (GS, JPM, MS)
Credit Suisse has a new version of its CS Markets Index, which tracks trading revenues across Wall Street, and it is not a pretty sight for America's top investment banks.In a note out October 3,...
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The 2 biggest threats to trust in global markets, according to a senior Bank...
Mark Yallop, of the FICC Markets Standards Board and the Bank of England's Prudential Regulation Committee, talked to Business Insider about the risks facing financial markets. He said the...
View ArticleClik here to view.
The 25-year cycle of misconduct in financial markets and how to break it
Gerry Harvey and Mark Yallop, of the FICC Markets Standards Board and Bank of England's Prudential Regulation Committee, talked to Business Insider about banking culture and malpractice.The same 26...
View ArticleClik here to view.
It's not looking good for Wall Street bond traders
There's more bad news for Wall Street credit traders: fourth-quarter revenue projections are looking bleak.A recent credit sell-off and widening spreads have stoked fears that investment bank woes...
View ArticleClik here to view.
A top Wall Street recruiting firm just published its hiring outlook for debt...
While 2017 was a down year for fixed income, currency, and commodities (FICC) desks, the hiring landscape has some bright spots, according to top recruiting firm Options Group.It's a mixed bag though,...
View ArticleClik here to view.
Goldman Sachs just had a historically bad quarter in trading
Goldman Sachs just released results from its fourth quarter, beating analyst expectations with adjusted earnings of $5.68 per share. However, the fixed-income business struggled again, with revenues of...
View ArticleClik here to view.
A business that many on Wall Street left for dead is starting to jolt back to...
Fixed-income trading has suffered across Wall Street in the past few years.That's thanks in large part to market volatility evaporating.It's early, but there are signs that volatility is ramping up and...
View ArticleClik here to view.
UBS has assigned one of its top traders to head a team building the fixed...
A top UBS trader has a new role at the bank helping build the fixed income "business of the future."Christopher Purves, previously the co-head of the Swiss bank's fixed-income trading business, is now...
View Article