Bank of America provides client clearing at LCH CDSClear
LCH continues to expand membership of CDSClear and its client clearing franchise with Bank of America the latest institution to go live as a clearing broker.
Tag: Bank of America
Brokers step up in COVID-19 crisis as traders rate execution coverage
Jefferies, Morgan Stanley, Goldman Sachs, JP Morgan, Citi and Bank of America were considered ‘standout dealers’ by US buy-side traders.
Citadel Securities, Virtu, JP Morgan and Bank of America first to join ICE ETF Hub
Four major institutions are the first authorised participants to use the ICE ETF ecosystem, according to chief executive Jeff Sprecher.
Bank of America and Citi execute first African NDF with EBS
CME Group’s EBS platform has expanded available NDFs with launch of African currency pairs following increased client demand.
BNY Mellon hires sales and trading CTO from Bank of America
Industry veteran Sabet Elias has been chief technology officer for sales and trading at Bank of America for the past seven years.
CFTC fines Bank of America $30 million in latest USD ISDAFIX settlement
The charges against Bank of America marks the ninth CFTC enforcement action against major investment banks related to ISDAFIX rigging.
BAML slapped a second time with $42 million fine for masking orders
Bank of America Merrill Lynch admits masking millions of orders and will pay $42 million for the second time this year.
Goldman Sachs leads end of year bond trading declines
Goldman Sachs saw the biggest fall in bond trading profits among rivals, as low volatility hits fourth quarter trading activity.
Rabobank and TD Securities become latest to join Neptune
Neptune’s network now has 24 dealers committed to providing data on axes in real-time.
Goldman Sachs’ trading business falls short of US rivals
Goldman Sachs becomes first US investment bank to report a decline in trading revenues in the first quarter so far this year.