US banks dominate European fixed income market share
JP Morgan nabs top market share in European fixed income, as e-trading grows to 45% of overall trading in the market in 2019.
JP Morgan nabs top market share in European fixed income, as e-trading grows to 45% of overall trading in the market in 2019.
HSBC joins major investors in operating system provider OpenFin, including as Barclays, CME Group, DRW, JP Morgan and Wells Fargo.
George Elhedery and Greg Guyett will head up global banking and markets at HSBC, as the bank confirms Samir Assaf will step down next year.
The partnership between HSBC, SGX and sovereign wealth fund Temasek marks the first end-to-end digitisation effort focusing on the Asian bond markets.
The US CFTC also fined NatWest Markets, PNC Bank and Northern Trust for reporting and risk management regulation failures.
Buy-side traders still want to be able to stop algos and take control for themselves in-flight, but data challenges remain for those seeking a low-touch route.
John Flint has resigned as group CEO at HSBC after taking on the role in February 2018.
Wematch IRS adds JP Morgan, RBC, HSBC and Societe Generale to dealer-to-dealer platform.
Michael Roberts will join HSBC after 34 years with Citigroup, most recently as chief lending officer.
Capitolis launched its novation platform last year in partnership with major firms including Citi, HSBC, Brevan Howard and BlueCrest.