NTAM builds out investment team
Northern Trust Asset Management (NTAM) has appointed two chief investment strategists. Gary Paulin takes on international responsibilities, while Joseph Tanious will head the North...
2023: US govies down 6.3%, corporates up 5.4% YoY
US Treasury issuance was estimated to be almost US$4 trillion across 2023 and Q1 2024, a 305.7% increase on the historical average, with Treasuries...
Achintya Mangla to head up financing for investment banking at Citi
Citi has named Achintya Mangla head of financing for investment banking.
In the newly created role, Mangla will report to head of banking Vis Raghavan...
Bloomberg expands IBVAL front office pricing solution
Bloomberg has expanded its pricing solution, Intraday BVAL (IBVAL) Front Office, to cover EUR and GBP investment grade and high yield credit bonds included...
H2O deputy CEO hit with £1 million FCA fine
Jean-Noel Alba, ex-deputy CEO of asset manager H2O, has been fined more than £1 million and banned from the financial services industry by the...
Exclusive: Quinn and Sobel discuss Trumid’s new portfolio trading protocol
Trumid, the fixed income electronic trading platform, has launched a portfolio trading protocol. Designed to simplify and extend electronic portfolio trading for institutional clients...
FILS USA 2022: News you may have missed this week
Treasury launches new effort to improve resilience of its market
The US Department of the Treasury, in consultation with the Inter-Agency Working Group on Treasury...
Buy side reports price movement risk in Treasury trading
Automated trading and derivatives are changing the way US Treasuries are traded, exposing the buy side to high-frequency trading strategies. Chris Hall reports.
If big...
FDIC drive to issue US bank debt
Banks in the US have been asked by Government agencies to issue new debt to support their stability under a new proposal by the...
Analysing the split between US and EU investment grade trade sizes
Recent reports that high yield (HY) trades are increasing in size and investment grade (IG) are shrinking, have ignored the year-on-year growth of European...
Industry bodies rail against new US capital rules
Trade bodies have set their stalls against the introduction of planned capital rules in the US, which would create additional costs for banks seeking...
Luke Lau promoted at Northwestern Mutual
Northwestern Mutual has promoted Luke Lau to a portfolio manager for long duration IG corporate bonds.
Based in Illinois, Lau has more than 25 years...
