Top Section/Ad
Top Section/Ad
Most recent
Creating unified trading data feeds is proving much harder — and more controversial — than foreseen
Bond specialists sceptical that auctions can yield better results than bookbuilding
When staff complain, they deserve a fair hearing, not a wall of silence
Waterfall of promotions follows Karia's move to insurance post
More articles/Ad
More articles/Ad
More articles
-
A large group of investors is determined to reject a buyback offer on billions of euros in soured bonds guaranteed by the Austrian State of Carinthia — an offer that may represent the province's only chance of avoiding an unprecedented bankruptcy, writes Graham Bippart. -
Deutsche Bank has said it will make a full year loss for 2015, and a loss in the fourth quarter, with a litigation charge of €1.2bn in the fourth quarter, and an €800m restructuring charge. The new charge will take Deutsche’s litigation provisions for the year to €5.2bn.
-
A big MBS settlement and a continued slump in trading and fixed income, currencies and commodities businesses slashed net earnings at Goldman Sachs by 65% in the fourth quarter of 2015.
-
As a decision on whether Novo Banco has triggered a government intervention credit event heads to external review after weeks of ISDA Determinations Committee wrangling, some market participants are worried that a 'no' will reduce the value of financial credit default swaps, while others warn that a European-only result could open a rift with US contracts.
-
Lower litigation costs helped Bank of America's wholesale business in the fourth quarter last year, but profits took a hit as the bank built its reserves against losses on its energy lending.
-
Pay is likely to be under pressure at Morgan Stanley, as the firm shrank its compensation costs from $2.4bn in 2014 to $1.4bn last year in its Institutional Securities division.
