Citi sees equities trading sales increase 10% in the first quarter this year, as derivatives and fixed income also surge.
Annual compliance expenditure surges while RegTech spending is expected to reach $80 billion by 2020.
The TRADE speaks with CEO for ITG in EMEA, Rob Boardman, about the recent launch of its algo wheels, the systematic internaliser regime and the challenges ahead of MiFID II.
Sell-side must be able to explain and justify pricing of research for unbundling.
CEO at JP Morgan, Jamie Dimon, gave shareholders a breakdown of spending on technology in 2016.
Bradley Duke and Tim Bevan will head up the prime brokerage business for BCS Global Markets in London.
Deutsche Bank will remain in the UK and plans to move HQ to new location in London.