SMBC joins DirectBooks
DirectBooks, the capital markets consortium founded to make bond issuance more efficient, has seen SMBC Nikko Securities America, a member of SMBC Group, join...
Are interdealer markets dead?
So-called ‘interdealer’ markets have long been used by large buy-side firms. This well-known secret creates inequality for those investment firms barred from participating, and...
FTSE Russell weighs country accessibility for fixed income traders
FTSE Russell, the index and data firm, is introducing a country classification process for fixed income. The newly introduced fixed income framework, which is...
Simone Santiago leaves Morgan Stanley
Simone Santiago has left Morgan Stanley, the company has confirmed.
Santiago has been managing director at the firm since January 2022.
Prior to this, she spent...
Swedish regulator FinansInspektionen flags corporate bond markets for review in 2022
Swedish capital markets regulator, FinansInspektionen (FI), has published its priorities for 2022, including a review on the bond markets and fund holdings of corporate...
Ballooning margin costs hobble US treasury basis trade returns, research finds
Institutional investors betting on yield spread fluctuations between US treasuries are facing ballooning margin costs, new research from derivatives analytics firm OpenGamma reveals.
Rising margin...
FILS USA 2023: More progress needed to advance gender equality
Speakers at FILS US DEI brunch discuss ways to advance equity in the industry.
Women continue to advance their representation, pay, and seniority in...
When, not if: ‘UK should move to T+1’
The UK should commit to move to a T+1 settlement cycle. That is according to the UK’s Accelerated Settlement Taskforce, which recommends setting up...
ECB corporate bond programme winding down?
ECB corporate bond programme winding down?
Deutsche Bank analysts have noted indications that the European Central Bank (ECB) is winding down its Corporate Sector Purchase...
Jude Driscoll named MetLife Investment Management president
MetLife Investment Management (MIM) has appointed Jude Driscoll as president, effective 1 September.
In the Philadelphia-based role, Driscoll is responsible for MIM’ strategy and business...
Thailand’s Government Pension Fund taps Charles River for front office management
Thailand’s government pension fund has selected State Street subsidiary Charles River Development to modernise its front office operations and manage its domestic and international...
Wall Street 2022: bonuses fell 26%
Wall Street’s 2022 average bonus paid to securities employees dropped to $176,700, a 26% decline from the previous year’s $240,400, according to New York...
