Seth Bernstein: Diversification via fixed income “if not dead, is in critical condition”
Seth Bernstein, the CEO of US$622 billion AUM asset manager AllianceBernstein, has opened the Fixed Income Leaders’ Summit US today, with an analysis of...
2020: Finding positives in a tough year
While 2020 was a tough year on many levels, Lee Olesky, CEO of Tradeweb, has tried to pick out the positives from a market...
Symphony’s new president outlines his vision
Brad Levy, the new president and chief commercial officer (CCO) of Symphony, the capital markets communication network, has outlined his vision of the company’s...
Big names out at BGC
Interdealer broker BGC Partners has made a wave of job cuts, as announced in April, which combined with recent departures has removed several heads...
Hanneke Smits appointed CEO of BNY Mellon Investment Management
Hanneke Smits, CEO of BNY Mellon subsidiary Newton Investment Management, is to be appointed CEO of BNY Mellon Investment Management, following the retirement of...
Rutter launches ambitious new bond ‘ecosystem’, LedgerEdge
David Rutter, founder of US Treasury platform LiquidityEdge and CEO of distributed ledger group R3, has built a team of financial market and technology...
Eric Morrow joins Apollo Global Management
Eric Morrow has been named chief operations officer (COO) of trading at Apollo Global Management, an asset manager with US$550 billion of assets under...
BloombergGPT launches
Bloomberg has released a research paper detailing the development of BloombergGPT, a new large-scale generative artificial intelligence (AI) model.
This large language model (LLM)...
Billy Hult to become new Tradeweb CEO
Tradeweb, the rates, credit, equities and money market operator, has announced a number of changes to the board of directors and succession plans for...
What bond traders need to know about today’s TP ICAP / Liquidnet deal
Broker dealer TP ICAP has agreed to buy block-trading market operator Liquidnet, with Nicolas Breteau, CEO of TP ICAP, putting the growth of Liquidnet’s...