Market News

JPMorgan had the largest fixed income, currencies and commodities (FICC) revenues amongst US banks at US$5.4 billion for the last quarter of 2025 with Goldman showing the strongest year on year growth on rates and FX trading. Citi and BofA FICC results were...

Vicky Hsu has joined Balyasny Asset Management as head of counterparty credit, leaving BlackRock after more than 17 years. Balyasny holds US$31 billion in assets...

The New York Fed has authorised MUFG Securities America (MUSA) as a primary dealer, allowing it to take part in the reserve bank’s open...

The failure to support policy and public announcements by the current US administration has hurt investors enough that they no longer react to public...

Certain deposits at BNY will now be tokenised as the bank pushes ahead with its digital asset initiative. The service will initially be available for...

Gary Harper has been appointed managing director and head of emerging markets credit trading at Societe Generale Corporate and Investment Banking, based in London.  He...

US electronic credit activity cooled into year-end. On FINRA’s TRACE tape, combined US investment-grade (IG) and high-yield (HY) average daily volume (ADV) was US$42.6 billion in December, down 20.2%...

Ediphy has launched a series of new trading and analytics APIs on its developer portal. The three APIs cover execution management, liquidity checking and transaction...

Lloyds Banking Group has purchased a tokenised gilt on the Canton Network, marking the first transaction of this kind in the UK and the...

Private equity firm STG has completed its acquisition of S&P Global’s Enterprise Data Management (EDM) business and its portfolio management, order management and compliance...