Middle East & Africa

March 19, 2015 2:18 PM GMT

Istanbul strengthens London ties with LCH stake

Turkish stock exchange Borsa Istanbul has acquired the London Metals Exchange’s stake in pan-European clearing house LCH.Clearnet, a move that could strengthen its ties with London Stock Exchange Group.

February 05, 2015 11:41 AM GMT

Ex-BarCap boss Cooney swoops for Goldman MD

A former managing director at Goldman Sachs is to join the foreign exchange trading business founded by BarCap’s former e-FX trading boss, David Cooney.

January 15, 2015 2:00 PM GMT

Bank of America's trading income down 20% in Q4

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 sees Fixed Income revenue drop 23%January 14, 2015 3:02 PM GMT

JP Morgan sees Fixed Income revenue drop 23%

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.