In The News

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.

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.

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.

The Trade: Soaring demand from investment managers for outsourced trading has seen the number of providers in this space increase fourfold in less than five years, Coalition Greenwich found.

Bloomberg: In large part, the structure of the $4 trillion muni market has hampered the adoption of e-bond trading, according to Kevin McPartland.

African Business: Trade finance revenues for the world’s top transaction banks were up by 10% in 2021 and are set to grow further this year, after almost a decade of decline or stagnation, according to figures from research company Coalition...

Financial News: Figures from analytics firm Coalition Greenwich suggest that the 12 largest global investment banks in its analysis have trimmed their ranks of investment bankers in the second quarter as brutal market conditions bed in.