Among the myriad ways the COVID-19 crisis will reshape the global economy, the pandemic could alter the trajectory of the European corporate banking market. The crisis represents a true test, not...
We are now over two years into the great MiFID II Trading Transformation.1 The dust has settled, and we are able to take a measured look at how traders are adapting to this new...
More than 80% of the 415 small businesses ($1-$10MM) surveyed by Greenwich Associates this week have applied for a loan under the SBA’s new Paycheck Protection Program. Based on that rate, some 24...
Overall executive optimism has dropped sharply due to COVID-19. Those with a negative outlook cite concerns about the pandemic, the upcoming election, and the stock market volatility, while many of...
In times of crisis, the most important qualities are assurances that banks value relationships and are willing to lend, followed by digital functionality.
Credit market infrastructure, despite the unprecedented wave of activity in trading, issuance and official sector intervention, held up remarkably well, all things considered. Bid-to-cover rations in...
The mere existence of historic government and central bank intervention in the markets suggests that liquidity was scarce and price discovery strained - to put it mildly. On the positive side, there...
Despite the deep integration of European financial markets, European corporate FX remains a country-based business, at least to some extent. In Germany, for example, three banks—Commerzbank,...
Although the players remain the same, Canadian foreign exchange today is a different, and increasingly, a two-innings game.
FX trading was one of the first businesses to go digital, with...