Implication of US bank downgrades on credit markets
Markets are truly feeling the economic pressures at present, with Moody’s downgrade to US financials on Monday following Fitch’s controversial downgrade of the US,...
Swissquote sees jump in fixed income revenues in H1 on higher rates
Swissquote has seen its cash and fixed income revenue in H1 2023 increase markedly, helping the firm record a pre-tax profit of CHF124.9 million...
The US: Too big to Fitch?
Ratings agency Fitch has downgraded the United States’ long-term credit ratings to AA+ from AAA and removed the rating ‘Watch Negative’ stating “ reflects...
Lloyds Bank joins Neptune
Lloyds Bank has joined Neptune Networks' bond dealer community.
Neptune delivers axe data from 32 dealers in global Fixed Income to over 90 buy-side...
Tom Roh joins BTIG’s DCM team
BTIG has named Thomas Roh as its new managing director within its investment banking debt capital advisory group.
Roh brings “extensive product expertise” across...
Tom Porcelli named PGIM Fixed Income chief US economist
PGIM Fixed Income, a firm With US$793 billion in assets under management (AUM), has named Tom Porcelli chief US economist, effective 6 July 2023....
Hunt: UK to set pension investment targets, launch market platforms and rebundle research payments
Jeremy Hunt, Chancellor of the Exchequer, has set out the UK's plan for regaining its initiative in capital markets at his Mansion House Speech....
People moves: Tumasz joins Oaktree; Trumid poaches Swaby; RBC expands DCM team
Erik Tumasz has joined Oaktree Capital Management as managing director and head of investment and trading technology.
Tumasz is well respected in buy-side circles for...
Jefferies’ bond desks have an outstanding start to 2023
Investment banking firm Jefferies saw fixed income trading revenues jump 62% to US$590 million for the six months to May 2023, from US$364 million....
Aegon AM: Bond market liquidity fears ‘overblown’
Fears over a potential liquidity crisis in the corporate bond market are “significantly overblown”, according to Adrian Hull, head of core fixed income at...