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Mixed results at dealers as rates and FX power US Q4...

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JPMorgan had the largest fixed income, currencies and commodities (FICC) revenues amongst US banks at US$5.4 billion for the last quarter of 2025 with Goldman showing the strongest year on year growth on rates and FX trading. Citi and BofA FICC results were...

Origination: Chevron issues US$5.5bn as revenue slumps

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Chevron issued US$5.5 billion of notes in August after a disappointing second quarter. The energy giant reported US$44.8 billion in revenues in Q2 2025, a...

Origination: Lockheed Martin issues US$2bn after major Q2 earnings hit

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Lockheed Martin Corporation (LMT) has issued US$2 billion in senior unsecured notes. The issuance follows a 79% year-on-year loss for the second quarter of 2025,...

Citigroup Global Markets hit with $2.9m SEC underwriting expenses recordkeeping penalty

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Citigroup Global Markets (CGMI) has settled a US$2.9 million penalty with the US Securities and Exchange Commission (SEC) for underwriting expenses recordkeeping violations. The SEC...

State Street serves up ‘Cods and Chips’ in European bond market...

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State Street has helped to uncover chatrooms, including one called "Cods and Chips" that are alleged to have been used by sell-side traders to...

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