UPDATED: UBS continues to swing axe
UBS, the investment banking giant has reportedly cut further jobs from its markets division, with many people internally fearing more jobs are to go,...
Implications of Atlanta Fed negative GDPNow score for US credit
The Atlanta Federal Reserve’s GDPNow estimate for real GDP growth in the US hit 2.4% on 6 March 2025, up from -2.8 percent on 3 March,...
Location will determine bid-ask spreads for European bond traders
Where European bond traders and their counterparties are sat could affect the size of bid-ask spreads they are shown, thanks to a split in...
Britannia Global Markets appoints Alex Cooper as senior sales trader
Britannia Global Markets, a UK-based firm specialising in derivatives broking across multiple asset classes, has appointed Alex Cooper as a senior sales trader.
Cooper will...
US president to oversee financial institution regulation amid deregulation drive
New executive orders signed by US president, Donald Trump, have given him oversight of all US financial regulation, outside of monetary policy, while also...
Rules & Ratings: US rate cuts now challenged by tariff policy
The use of trade tariffs between the US and potentially Mexico, Canada, the European Union and certainly China, which had a 10% tariff imposed...
Tariff tantrum: Bond investors sit on hands while market makers are busy
Sell side trading desks have reported elevated levels of activity today following the US threat to impose tariffs of 25% on Canadian and Mexican...
On The DESK: Leaders in bond trading pinpoint risks and opportunities
We asked the buy-side traders we have profiled on The DESK for the past ten years to discuss the biggest changes they thought had...
Exclusive: Man Group’s proprietary OEMS highlights potential for systematic volume growth
Man Group is now live on an internally developed order and execution management system (OEMS), to trade across asset classes, currently covering corporate credit,...
The Book: BofA DCM team give issuers confidence for financing in 2025
The DESK spoke with Bank of America’s Julien Roman, head of EMEA DCM FIG Origination, Paula Weisshuber, head of EMEA Corporate DCM, and Adrien...