Major investment banks including Citigroup and JP Morgan sign up to use the Eurex clearing profit scheme for repo as Brexit looms.
The first interest rate swap trade at Tradeweb executed between Union Investment and Citigroup has already been cleared following connection to Eurex.
Attracting and retaining the brightest talent available has become the new battleground for investment banks as new compliance obligations and technology developments create warring factions desperate to secure the best personnel possible. Hayley McDowell tells the story behind this method of attack and finds out that a talent shortage could be just on the horizon for major players.
Citigroup Global Markets in Asia overlooked a system failure within its dark pool and failed to hand out guidelines to clients.
Armando Diaz returned to Citi in 2016 after a stint at Millennium Management as global head of execution.