Deutsche Bank has declared a 19.5% rise in net revenue from its Corporate Banking & Securities business for the fourth quarter of 2014, up from €2.5 billion to just under €3 billion compared to 2013.
MarketAxess has seen its revenues rise 10% year-on-year, boosted by strong performance in its post-trade and data services.
ICAP has become the latest firm to join the race to win volume from bond traders looking for new electronic solutions to the ongoing liquidity crisis.
On Monday, BlackRock and MarketAxess extended their Open Trading partnership to the European credit markets.
Emergent financial technology group Algomi has started the year in the full glare of the media spotlight.
Mike O’Brien, director of global trading, and Mike Cirami, co-director of global income, explain Boston-based global asset manager Eaton Vance’s distinctly collaborative approach to investing effectively across multiple markets.
Bank of America’s Global Markets division saw sales and trading income fall by a fifth in the fourth quarter of 2014, according to results today, excluding accounting adjustments.
JP Morgan saw revenue from its fixed income markets operation plummet by 23% in the fourth quarter of 2014, compared to Q4 2013 because of lower income from credit and securitised products and the sale of two business units.
Citi’s head of EMEA execution sales (electronic trading) has left the group after five and a half years, The TRADE understands.
Buy-side firms spent more than US$12 billion globally on their trading desks last year, investing primarily in technologies and people, according to research from consultancy Greenwich Associates.