May 26, 2016 9:15 AM GMT
Toms, who is leaving firm to pursue other interests, will be replaced by current head of sales and trading, Richard Parsons.
May 24, 2016 9:06 AM GMT
Capital costs and increasing workflows have resulted in banks looking to outsource certain derivatives operations to utilities.
May 19, 2016 8:42 AM GMT
Analysts at JP Morgan predict further slumps in investment bank revenues as trading floors remain quiet.
May 19, 2016 6:00 AM GMT
Client collateral held at Wells Fargo doubled over the year, while European banks saw their volumes contract.
May 18, 2016 7:08 AM GMT
Dirk Griesmeyer joins Liquidnet from Bank of America Merrill Lynch, aiming to grow institutional trading network’s German client base.
May 16, 2016 5:48 AM GMT
Sale will see Tullett take control of ICAP brand with new electronic and post trade business to be branded NEX Group.
May 10, 2016 9:10 AM GMT
ITG agrees sale of research business that will see loss of high-touch jobs.
May 10, 2016 6:33 AM GMT
Michael Yarian, Barclays' veteran rates trader, left the British bank in February.
May 10, 2016 6:27 AM GMT
Bank says it is on course with cost cuts after tough Q1 and is pivoting towards more profitable business units such as wealth management.
May 10, 2016 4:53 AM GMT
Job cuts in financial services surge as “Wall Street executives are trying to shrink staffing levels as profits remain under pressure,” says Integrity Research.