In Asia and Europe, market fragmentation continues to be relatively high while the top 5 banks in the U.S. are (re)gaining penetration, approaching 50% at the expense of smaller players.

Although the U.S. swaps market has been radically transformed, market participants are still evaluating trading on swap execution facilities (SEFs) and how they may adapt their derivatives trading operations to comply with new regulation.

FX trading volumes are consolidating in the hands of the world’s biggest FX dealers.

Total compensation for Convertibles traders increased last year. 

Total compensation for Convertibles traders increased last year. 

Total compensation increased across most industries when looking at year-on-year average salaries and bonuses, particularly in Industrials and Information Technology. However, some industries, such as Consumer Discretionary and Materials, did not...

With the exception of Natural Resources and Financials companies, most industries experienced a drop in the average number of investment banking relationships.

Non-bank financials allocated 44% of their credit related fees and interest to their primary bank as compared to the average allocation of 27%.  Consumer, Services and Insurance companies allocated one third to their primary bank while...

Demand for domestic public bonds fell 4% from last year but demand for USD public bonds feel even more, at 7%.

Willingness to provide credit and the overall strength of bank relationship were the primary factors in determining lead mandate for long-term bond offerings.