Costs top concerns of Mifid II traders
As firms count the cost of further delays to the forthcoming regulations, Joe Parsons asks what should regulators be doing to minimise the impact on businesses?
As firms count the cost of further delays to the forthcoming regulations, Joe Parsons asks what should regulators be doing to minimise the impact on businesses?
The bank’s targeted savings has been increased as cost-cutting plans accelerate.
Auction will begin at midday, and continuous trading of SETS equities will be paused.
Credit Suisse analysts speculate Nasdaq could be the next target as global exchange groups look to bulk up amid intense competition.
Job reductions steadily increased between 2010 and 2015 in fixed income, currency and commodities and equities trading.
Credit Suisse reveals first annual loss since 2008, and confirms 4,000 jobs are to be cut.