The upcoming transition to a T+1 securities settlement cycle in North America could lead to increased use of overnight swaps ...
A consortium of 10 banks and market-making firms is investing $172 million in BGC’s electronic trading and exchange business, ...
State Street’s use of short-term funding more than doubled in the first quarter, despite a simultaneous surge in deposits ...
Sustainability-linked bonds – a large part of the financial industry’s arsenal in the war on fossil fuel usage – are failing ...
For anyone harbouring doubts that Natixis has the chops to be a force in flow trading, a look at its recent results should ...
Large proprietary trading firms complain they are subject to hand-me-down rules that were originally designed for banks ...
During the first quarter, Bank of America and PNC Bank spearheaded a rise in the share of non-performing commercial real ...
Three sources, including one with direct knowledge, say three banks in the European Union have asked permission to use their own models under soon-to-be-implemented trading book rules. Four sources ...
Latest plans would still allow members to bundle clearing and execution – and would fail to boost clearing capacity, critics ...
Higher agency securities lending and client overdraft balances contributed to a $13.6 billion increase to BNY Mellon’s ...
Olivier Daviaud shows that for Standard & Poor’s 500 options this is often not the case, and he provides a mathematical and practical understanding of that difference. The tool used throughout is a ...
A big, correlated unwind would be very painful for the financial community.” Plenty has been said and written about the ...