Tag: Wells Fargo
The pretenders, and kingmakers, to the bond throne
Dealers are backing several new trading platforms who are fighting major incumbents for market share.
In the bond market, the trading platform landscape has been...
The Book: JP Morgan rules the roost in Q1 DCM market...
JP Morgan has retained its top spot in global debt capital markets rankings by volume for Q1 2025, according to Dealogic.
With US$178.5 billion, 806...
The Federal Reserve faces legal challenge over stress tests and their...
As an early Christmas present, major banking and business associations filed a lawsuit on the 24th of December against the Federal Reserve System's Board...
Banks’ Q2 fixed income revenues see modest increases over year
Banks’ second quarter 2024 fixed income revenues have seen modest to substantial increases, with Goldman Sachs an outlier, witnessing substantial drops in FICC intermediation...
A great vintage for bid-ask spreads
This year’s bid-ask spreads in US investment grade are half those of last year, prompting much celebration on the buy side, but clearly having...
JP Morgan strides ahead in bond market-making revenues for Q1
JP Morgan saw robust fixed income revenue in Q1 2024 across US market makers, reporting US$5.2 billion over the first three months of the...
Results Summary: Q2 sees cautious bounce, but poor asset performance pressures...
Revenues in Q2 have started to inch up at the major investment banks, despite less than stellar fixed income and equities results.
Looking at the...
Deutsche Bank, Morgan Stanley, US Bancorp and Wells Fargo back Versana...
Versana has announced the addition of four new banks – Deutsche Bank, Morgan Stanley, US Bancorp and Wells Fargo – as investors in its...
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...
DirectBooks launches platform for issuance of US corporate bonds; European expansion...
DirectBooks, the sell-side consortium founded to increase efficiency in the bond issuance process, has launched its core service to try and simplify communication of...
