The upcoming transition to a T+1 securities settlement cycle in North America could lead to increased use of overnight swaps ...
Sustainability-linked bonds – a large part of the financial industry’s arsenal in the war on fossil fuel usage – are failing ...
State Street’s use of short-term funding more than doubled in the first quarter, despite a simultaneous surge in deposits ...
A consortium of 10 banks and market-making firms is investing $172 million in BGC’s electronic trading and exchange business, ...
For anyone harbouring doubts that Natixis has the chops to be a force in flow trading, a look at its recent results should ...
During the first quarter, Bank of America and PNC Bank spearheaded a rise in the share of non-performing commercial real ...
Large proprietary trading firms complain they are subject to hand-me-down rules that were originally designed for banks ...
Three sources, including one with direct knowledge, say three banks in the European Union have asked permission to use their own models under soon-to-be-implemented trading book rules. Four sources ...
Latest plans would still allow members to bundle clearing and execution – and would fail to boost clearing capacity, critics ...
Higher agency securities lending and client overdraft balances contributed to a $13.6 billion increase to BNY Mellon’s ...
Saudi Arabia is set to become the final G20 country to implement close-out netting legislation, with the Gulf state’s central ...
Linklaters proposes overhaul for determinations committee - including independent members ...