Tag: Credit Suisse
Did UBS/CS deal terms just revalue the entire AT1 bond market?
Buy-side trading desks say they are looking at the risk of contagion across financials, following the takeover of troubled Credit Suisse by UBS, for...
The week in summary: Credit Suisse; fixed income liquidity; ‘Who died?’
This week has been very challenging for buy-side trading desks as broker-dealers struggle to price bonds, and uncertainty gripped markets.
“I was off Monday, came...
The vicious circle of trust and liquidity
Looking at data provided by CreditSights, we can see the extent of lenders’ concern about Credit Suisse this year. The cost of insuring Credit...
Credit Suisse unveils transformation plan for investment bank as Meissner exits
Credit Suisse has said it intends to take “decisive steps” to restructure its investment bank and focus on areas more closely connected to its...
‘Whatsapp’ fines for banks hit US$1.8 billion
US market regulators have collectively fined 15 broker-dealers, one affiliated investment adviser, plus the swap dealer and futures commission merchant (FCM) affiliates of 11...
Simon Johnson joins RBC as head of credit sales EMEA
Simon Johnson has joined RBC as managing director, head of credit sales EMEA, based in London and reporting to Janet Wilkinson, co-head, fixed income...
Block trading investigations follow a long trend
Several investigations reported in the press are following regulatory scrutiny of block trading arrangements. The investigations reported by Bloomberg, Reuters and the Financial Times...
New Enterprai workstation tracks market events for macro investment teams
Enterprai, a software-as-a-service (SaaS) workstation for global macro professionals, which uses predictive analytics for FX and fixed income markets, has launched a set of...
Lack of detail sinks odd-lot bond case against major banks
The United States District Court, Southern District of New York, has dismissed a court case brought against Bank of America, Barclays, Citigroup, Credit...
Credit Suisse and VTB fined millions by UK, US and Swiss...
Credit Suisse Group AG has agreed to pay nearly US$475 million to Swiss, UK and US authorities, including nearly $100 million to the US...
