The new division is the latest in a string of restructuring moves in recent months as Citi looks to streamline its businesses.
German institution details €3.1 billion net loss in Q2 2019 following initiation of dramatic restructuring plan.
Equity trading bot launched in Q1 providing automated workflow processes for notifications, indications and RFQs for asset manager’s global equity trading.
Asset managers turning to conditional orders to source US equity liquidity in increasingly fragmented landscape.
Despite buy-side citing use of transaction cost analysis (TCA) as a larger focus post-MiFID II, Citi's market structure head for EMEA says the bank is actually seeing the converse in action.
Barclays’ reinvestment will see the launch of new SOR and algo platforms, with a recent SOR upgrade producing a 10% increase in hit rates.
Index tracking top investment banks found headcount was down in the third quarter this year, with equities suffering the biggest decline.
Equities sales and trading team in Asia at Deutsche Bank undergoes reshuffle following global equities strategy.
Chinese A-Shares go live on MSCI Emerging Markets Index after three years of rebuffs.