Disappointment over banks’ responses during the COVID-19 crisis is prompting an unusually large number of small businesses and mid-sized companies in the U.S. to look for new bank providers.
Equity brokers who scrambled to meet new requirements on trade data reporting this year shouldn’t get too comfortable: Nearly three-quarters of institutional investors say they plan to request “look-through” trade data above and beyond that required by new SEC rules.
Financial services firms relying on technology upgrades to make them more competitive and profitable must review their exploration stages to ensure success.
Banks whose trade finance businesses were interrupted by the near-total shutdown in global trade earlier this year are recouping some lost revenues by helping corporates restore and adjust supply chains disrupted by the COVID-19 crisis.
Despite fears that electronic trading will eliminate jobs on buy-side trading desks, recent investments in technology have not come at the expense of traders.
Growing numbers of institutional investors are finding short-duration credit strategies to be valuable tools in striking the difficult balance of risk and return.
Spending on trade surveillance technology has been increasing at an impressive rate and could exceed previous growth expectations as firms address weaknesses in compliance infrastructure exposed during the COVID-19 pandemic.
When the COVID-19 crisis sent global markets into a tailspin in March, asset managers in Europe braced for what they feared would be the painful impact of an investor flight from risk and a general paralysis that threatened to put the brakes on institutional manager hiring.