Goss takes UK trading helm at First New York
Paul Goss is promoted at First New York as head of strategy and co-head of trading for London and Dubai.
Based in London, Goss is...
InvestCloud names new CIO
InvestCloud, a global wealth management software provider, has named James Young its new chief information officer (CIO).
Young will be responsible for the company’s technology...
Rules & Ratings: Australia cuts rates – with caution
The Reserve Bank of Australia has lowered the cash rate target to 4.1%, dropping 0.25%. The exchange settlement balance interest rate has been reduced...
Xerox prices senior secured notes ahead of April issuance
Xerox Corporation has priced US$800 million in senior secured notes, set to be issued on 1 April.
Half the principal amount will be issued with...
Clouds gather around UK transparency as consolidated tape decision delayed
The UK consolidated tape provider race may not be over yet. The Financial Conduct Authority (FCA) has extended the standstill period in which challenges...
Ratings and Analysis: Is the life insurance the wobbly leg of finance?
US life insurer, Brighthouse Financial, was downgraded by ratings agency Fitch on Monday, following the announcement it was to be acquired by private investment...
Less distressed debt
The risks of default in high yield credit are one reason cited for reduced sell-side trading activity in the asset class. However, while the...
Withering supply of European high yield
Comparing the ‘year-to-April’ data across years, 2022’s high yield issuance looks more like the post-financial crisis period than most years in between.
Data from CreditSights...
The mob turns against equitisation
A fierce defence of bond markets against ‘equitisation’ was mounted by Mike Poole, fixed income dealing manager at Jupiter Asset Management and David Walker, head...
Trumid upgrades US corporate bond predictive pricing tool
Trumid launches its enhanced Fair Value Model Price (FVMP) tool, which aims to deliver predictive pricing for around 22,000 US corporate bonds every 30...
Propellant.digital names Charlie Gibson head of EMEA sales
Propellant.digital has named Charlie Gibson as head of EMEA sales, based out of the firm’s London office.
Gibson is responsible for sales to buy-side and...
Get better at trading emerging markets credit
A recent article on the challenges for banks in making a profitable business trading emerging markets (EM) credit has highlighted the complexity of the...
