HSBC Needs More Than Cosmetic Cuts
Bloomberg: HSBC is the region’s top lender to companies, ahead of Citigroup Inc. and Standard Chartered Plc, according to Gaurav Arora.
Bloomberg: HSBC is the region’s top lender to companies, ahead of Citigroup Inc. and Standard Chartered Plc, according to Gaurav Arora.
Economist: HSBC is already heavily exposed to Asia, being the largest corporate lender to the region by market penetration, according to Greenwich Associates.
WSJ: ...about 70% of investment-grade bonds in the U.S. and more than 80% of high-yield bonds still trade much more manually, through conversations or ad hoc messages between traders and dealers, according to Greenwich Associates.
MarketsMedia:“A strong local focus and aggressive use of electronic trading are part of the reason that local dealers have overtaken the global banks in local currency markets,”said Ken Monahan.
Investment Executive: The use of algorithmic trading in the global foreign exchange (FX) market is on the upswing, according to a new report from Greenwich Associates.
MarketsMedia: Greenwich Associates said that 44% of capital markets firms are already using artificial intelligence in their trading processes.
Profit&Loss: “Technology and regulation are transforming FX trading,” says Frank Feenstra.
Financial Times: “There has been a fight over market data between the SEC and exchanges and I don’t think it will end anytime soon,” said Richard Johnson.
Financial Times: “Only a fraction of the applications used in capital markets are comparable to the complexity of products used by tech companies like Google,” says Kevin McPartland.
Fox News:“Wealth management and institutional investors are projected to increase their use of fixed income ETFs over the next few years, according to Greenwich Associates.