Wells Fargo & Co.’s early test of how much it can grow a trading desk by leaning on relationships across corporate America is yielding a $1 billion answer. That’s roughly how much annual revenue is ...
Investors scrambling to adjust positions in response to the US tariff announcement on April 2 look set to deliver another bumper payday for bank trading desks, which continue to capitalise on volatile ...
US bank wins FX house for performance during Liberation Day, while Reactive Markets takes OTC trading platform prize ...
Billionaire Ray Dalio told NBC’s “Meet the Press” program that the U.S. economy could be pushed into a recession because of President Trump’s trade war. Photo: Bryan Bedder/WSJ Wall Street is raking ...
Bond and stock prices rallied sharply in the final two months of 2023, but the “everything rally” didn’t do much for trading desks at big banks. JPMorgan booked $5.8 billion in fourth quarter trading ...
The Second-largest U.S. bank embraces bitcoin ETFs as a portfolio sleeve, putting Wall Street’s remaining holdouts on notice ...
The European Union will again delay implementing tougher global rules for banks' trading businesses as the bloc seeks to level the playing field for European lenders amid U.S. President Trump's ...
VTB Bank, Russia's second-largest lender by assets, plans to start offering spot crypto trading to qualified investors next ...
(Bloomberg Businessweek) -- In the decade Tim Brooks has been buying and selling currencies, he’s grown used to feeling that ...