Bloomberg: Vaulting typically accounts for about a tenth of the profits that banks earn in precious metals, according to Coalition Greenwich.
Finance Magnets: A recent Coalition Greenwich Study revealed that according to 46% of responders, algo trading is a “must do” in case large orders worked overtime.
eFinancial Careers: Last year was a good year for commodities traders. This year may be as good, if not even better: Coalition Greenwich thinks that commodities trading revenues in banks alone will increase 88% in the second half of the year.
Bloomberg: Wall Street is spending more than ever on technology designed to keep an eye on traders after regulators extracted record fines from many of the world’s biggest banks for lapses in monitoring communications. According to Coalition...
P&I: The majority of global asset owner executives expect to make ESG-related manager changes affecting more than 10% of their total assets over the next five years according to Coalition Greenwich.
TraderTV: Kevin McPartland breaks down how and why e-trading is proving so resilient.
Traders: Coalition Greenwich has hired Alasdair Philip as a Senior Relationship Manager in its Investment Management practice.
Markets Media: David Easthope said in a blog that FTX operated a vertically integrated model allowing it to trade, settle, custody, and lend/borrow digital assets.
eFinancial Careers: As Credit Suisse resists paying retention bonuses to its credit traders, some are taking matters into their own hands and finding new jobs elsewhere. BNP Paribas has hired Josh Harmon, a New York-based director in high...
SPGMI: U.S. and European investment banks are planning to shed jobs and cut bonuses in their advisory and underwriting teams amid slumping revenues since the start of 2022.
