Credit Suisse Group paused the launch of a credit fund run by star trader Hamza Lemssouguer as it dials back risk.
BNY Mellon clients with exposure to China's huge bond market can now use those holdings as collateral via Hong Kong's Bond Connect program.
Ines de Tremiolles was named global head of trading at BNP Paribas Asset Management.
More buy-side firms are looking at outsourced trading as COVID-19 shines a spotlight on costs, business continuity and remote working.
Nasdaq agreed to sell its U.S. fixed-income electronic trading platform to an affiliate of Tradeweb Markets.
London Stock Exchange Group has agreed to sell its Italy-based stock exchange, paving the way for its planned acquisition of Refinitiv.
Interdealer broker TP ICAP is in advanced discussions to acquire share-trading platform operator Liquidnet in an up to $700 million deal.
Daniel Leon was named global head of trading, treasury management and global solutions at HSBC Global Asset Management.
Sophie Lugiez was appointed head of global trading at BNP Paribas Asset Management.
A number of changes to European trading rules are necessary to ensure best execution and to enhance pre- and post-trade transparency.
Wall Street trading desks notched the best quarter in eight years as clients rushed to change or hedge positions amid the COVID-19 outbreak.
China is weighing merging its two biggest brokerage firms to create a company that can better compete with the global investment banks.
The world's largest sovereign wealth fund wants brokers and exchanges to continue to develop how they manage closing auctions.
Asset managers find "it's bad to be slow in a fast market," while they live the worst of both as Wall Street traders work from home.
The trading firm, which traded at CME, was unable to meet its capital requirements.
Suggestions to remedy perceived problems caused by the Markets in Financial Instruments Directive II could mean more upheaval for managers.
Northern Trust Corp.'s capital markets division has developed a machine-learning based pricing engine for securities-lending clients.
The ongoing shift to passive from active management and the rising volatility of equities have challenged buy-side head and senior traders.
Former SEC Commissioner Kara Stein joined the board independent stock exchange IEX Group.
Japanese brokerage Nomura Holdings plans to revive a business that suffered hefty losses last year through cost-cutting and restructuring.
The cryptocurrency boom appears to be alive and well for Binance, the world's largest digital-asset exchange by trading volume.
U.S. stock exchanges have selected the Financial Industry Regulatory Authority as plan processor for the consolidated audit trail.
One of China's biggest brokerages is being probed by regulators after suffering large trading losses that also wound up hitting Citigroup
Major exchanges have asked a federal court to stop the SEC's transaction fee pilot program.
London Stock Exchange Group unveiled the first deal under its new leadership, taking a minority stake in settlement giant Euroclear.