The European Central Bank (ECB) has said London banks will be able to take advantage of a generous transition period after Brexit – provided they move a big chunk of operations within the EU’s borders.
The government has played down the prospect of euro clearing activity being prised away from London after Brexit.
Suddenly, non-Chinese investors are getting more serious about investing in the country's bonds.
All these darn twenty-something-year-olds around here have no idea what they’re doing.
Re-balancing the equation.
By David Enrich
JP Morgan retained its place atop the global investment banking league table last year, with the top five places now firmly in the hands of U.S. banks, reflecting their domination over struggling European peers data on Wednesday showed.
Morgan Stanley said its fixed-income trading business is performing better than at the end of last year, while gains in equities are more subdued.
Deutsche Bank is expected to be fined by the Federal Reserve and New York’s Department of Financial Services for its conduct in the foreign exchange market, a person familiar with the matter said.
A former trader at DBS Group’s brokerage unit was sentenced to 16 weeks in jail after being convicted in Singapore’s first criminal spoofing case.
And here are the results in the 2nd round of HITC's 2017 Best Place to work in the Global Financial Markets poll.
Global asset managers could see revenues slump as much as 30% in just two years if pressure on fees and returns continues unabated, according to a report by Morgan Stanley and Oliver Wyman.
The world's largest asset firm sees a risk in today's rising interest rate environment — one which could create losses for bond market investors.
Credit Suisse is cutting at least half a dozen equities jobs in Hong Kong and Tokyo, as the bank continues to rein in costs in an effort to boost returns, according to people with knowledge of the matter.
Credit Suisse's board of directors is set to decide in April whether to go ahead with a partial initial public offering of its Swiss bank two people familiar with the matter told Reuters, with alternative options being considered.
A European Central Bank inspection of Deutsche Bank's risk controls found deficiencies in derivatives and complicated financial bets that raise questions about pricing processes at the German lender, Il Sole 24 Ore reported.
All are said to be true stories.
Royal Bank of Scotland (RBS) has accelerated talks about a legal settlement with thousands of former investors, weeks before a trial that would see former chief executive Fred Goodwin called to give evidence.
Investor withdrawals and fund liquidations came even as the industry's total assets surpassed $3 trillion for the time.
It's been a volatile period for bitcoin investors, as holders of the cryptocurrency prepare for a potential 'fork' in the blockchain.
'I lost the love of my life'.
Over the course of a few evenings in 2013, the heads of trading from major investment banks got together for some poker nights. It was a bit of relaxation from their hectic schedules. But what their seemingly-innocent hands of Texas Hold'em revealed was a story of traders gone rogue.