Tag: HSBC
Lacklustre trading at Barclays and HSBC in Q4 2024
Barclays and HSBC both saw relatively subdued fixed income, currencies, and commodities (FICC) trading results in Q4 2024 compared to peers like BNP Paribas.
Barclays...
Long running CMA investigation concludes with 4 banks fined £100m
The Competition and Markets Authority (CMA) has completed its investigation into anti‐competitive information exchanges in the UK government bond market, no names or details...
HSBC splits
An organisational switch-up at HSBC, effective 2025, sees the bank prioritise its Hong Kong and UK operations with dedicated business lines.
HSBC Holdings will operate...
Markets run on mobile as Microsoft viral patch decimates systems
“Nothing’s working,” said one trader. “Everyone’s on their mobile device. Some banks are up, Bloomberg is up, but I can’t trade as I can’t...
Citadel Securities’ new hires are reinforcing US credit market expansion
Citadel Securities has seen a spate of hirings on its credit trading teams in January 2024, supporting its expansion into the corporate bond space...
Research: Analytics use in trading workflow increases by 72% over three...
Effectiveness for reporting and desk performance assessment improves year-on-year.
The DESK’s latest research into trading analytics has found its use growing within the trading workflow,...
Catton promoted at BlackRock; Shah joins DB, Framjee poached by Morgan...
Dean Catton has been named head of European credit trading at BlackRock following the departure of Nikhil Sethi. His new position puts him in...
Citi, Deutsche Bank admit breaking competition law in bond trading, finds...
By Laurie McAughtry
The UK’s anti-trust authority, the Competition and Markets Authority (CMA), has found that five banks including Citi, Deutsche Bank, HSBC, Morgan Stanley...
Review: Mixed bond trading revenues in choppy first quarter
Banks have seen mixed results from bond trading in the first quarter of 2023, across credit and rates, while electronic trading platforms have seen...
TransFICC investment to deliver e-trading platform with trader desktop
TransFICC, the specialist provider of low-latency connectivity and workflow services for fixed income and derivatives markets, has closed a Series A extension for US$17...
