Fixed income trading decline weighs on JP Morgan’s Q4 revenues as the bank highlights colossal tech investment
Jamie Dimon says JP Morgan is investing $12 billion a year on its global technology strategy, as trading revenues drop in Q4.
Citi establishes clearing and settlement with new Beijing Stock Exchange
China’s third national stock exchange is aimed at innovation-oriented small and medium-sized enterprises (SMEs).
The TRADE launches the Algorithmic Trading Survey for 2022
Buy-side respondents have until 21 February to rate algo providers, with high performers due to be recognised as part of Leaders in Trading in late 2022.
Investment banking fees smash records for 2021
JP Morgan tops the list in the best year for investment banking fees since records began at the turn of the century.
BNP Paribas completes the transfer of global prime finance and electronic equities from Deutsche Bank
French bank is on the cusp of entering the top tier of prime brokers following developments over the past two years.
BaFin imposes administrative fine on Deutsche Bank
Authority claims temporary breach of controls on index data.
ESMA requests market feedback on the use of blockchain for trading and settlement
The move comes as part of a wider pilot regime for market infrastructures based on distributed ledger technology (DLT).
People Moves
The TRADE names Laurie McAughtry as its new managing editor
New managing editor brings 15 years of senior editing experience and joins publication following record-breaking year.
FactSet snaps up CUSIP as S&P Global ends more than 50-year relationship with the company
'Gold standard' for securities identifiers, CUSIP will become part of FactSet Content and Technology Solutions.
HKEX and mainland partners to add ETFs to Stock Connect
Agreement builds on growing popularity of ETFs in the APAC region.