Deutsche Bank launches new FIC coverage model
Deutsche Bank has set up a new coverage model for its fixed income and currencies (FIC) sales team, intended to be more tailored to...
Tradition takes over BondsPro as MTS leaves US market
MTS, the European bond trading platform majority-owned by Euronext, has completed the sale of its US subsidiary MTS Markets International to Tradition America Holdings,...
EIB prices first sterling digital bond
The European Investment Bank (EIB) has priced its first ever £50 million digital bond using a combination of private and public blockchains operated and...
Redburn sees value in bond market venue M&A
Analysis by broker Redburn has found that major exchanges – in which it included MarketAxess, the fixed income trading venue, and interdealer broker TP...
Coalition: Banks’ FICC trading victory in 2020 through remote working and market volatility
Remote working did not hold back sell-side firms in 2020 according to data from analyst firm Coalition. Full year investment banking revenues increased by...
FILS 2022: Dealers address Project Amber, streaming prices and increasing competitiveness
Market making has not fully matched buy-side demand in 2022, with trading desks voicing ongoing concern about bidless markets in some areas of fixed...
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...
Morgan Stanley reports Q3 trading revenues down 14% year-on-year
Morgan Stanley has reported its Q3 results, with trading taking a hit. The firm saw trading revenue US$2.86 billion, down from US$3.33 billion in...
LedgerEdge appoints fixed income veteran Neal as CEO of US operations
LedgerEdge, the developer of an ecosystem for fixed income trading, has appointed industry veteran Michelle Neal as CEO of its US operations.
Her appointment will...
NatWest, Santander with Fnality, Nivaura and Adhara execute cross-chain Ethereum debt transaction
Three UK financial technology firms, Fnality, Nivaura and Adhara, in collaboration with European banks Santander and NatWest have completed a pilot, proof of concept...
