Hedge Fund Alert: The number of outsourced-trading firms has grown precipitously over the past four years from a handful to about 40, according to Coalition Greenwich.
Bloomberg: "Market participants would need to rework pricing models, risk management and hedging mechanisms among other things to adapt to the new paradigm," said Kevin McPartland.
American Banker: Among business clients that recently switched banks, 44% said that a primary reason was dissatisfaction with an employee assigned to their accounts, according to a survey conducted in May and June by Coalition Greenwich, a...
Traders: Over the years, the Financial Industry Regulatory Authority (FINRA) has taken steps to address complex products and options, including publishing guidance regarding sales practice concerns raised by complex products and options; issuing...
Bloomberg: Credit Suisse Group AG’s traders posted their worst first-half results in more than two decades, setting the stage for an overhaul that’s likely to see the lender’s trading heft shrink further.
Bloomberg: During Bloomberg’s virtual Risk and Reg Week event Audrey Blater explored challenges the industry is having applying SEC Rule 15c2-11 to fixed income securities.
Wall Street Journal: Bond traders may no longer be masters of the universe, but they could still be heroes for Wall Street. For several years following the 2008 financial crisis, the business of fixed income, currency and commodity trading was a...
Waters Tech: ...widely used as other 'alt data' sets," says David Easthope.
IFR: Credit trading revenues at the top 12 investment banks were 23% lower in the first quarter compared to a year earlier, according to Coalition Greenwich, with “flow” credit down 40%.
Financial Express: Coalition Greenwich rankings on large corporate banking for lenders showed public sector State Bank of India leading the category, followed by ICICI Bank and HDFC Bank.
