In The News

WSJ:  “Predictive AI is contributing to a new market structure,” Kevin McPartland said.

Institutional Investor: As a result, managers need to plan ahead with the right ideas and be cautious of fads, according to Coalition Greenwich.

The Trade: “Currently, portfolio trading accounts for about 3-5% of overall US fixed income trading volume,” said Kevin McPartland.

eFinancial Careers: As trading technology has become more sophisticated, Coalition Greenwich says firms have been able to shift more and more of their trading volumes to "low touch" strategies...

eFinancial Careers: ...pointed out to Deutsche's senior management that the prime business was ranked one of the best in the world by intelligence firm Coalition Greenwich, and would therefore surely be worth something. 

Axios: Analyst headcount across the 12 biggest investment banks, including Bank of America, BNP Paribas and Credit Suisse, shriveled from 4,400 in 2012 to 3,100 last year, per the latest data available from Coalition Greenwich.

Bloomberg: “More electronic trading seems inevitable in the coming years,” said Kevin McPartland. “Bayside is going to be the driver of this.”

Financial News: “European banks as a group are still very weak — there’s almost a game of musical chairs, where they take it in turns to deal with big problems,” said Eric Li.

eFinancial Careers: Between 2013 and 2021, front office fixed income sales and trading headcount went from 21,300 to 16,300 by Coalition Greenwich's reckoning - a drop of 5,000 people. 

Waters Technology: “As an organization dealing with regulated clients, the choice of cloud provider and where data will reside is significant, as these are all sensitive topics for banks and asset managers, so there’s no question that Symphony...