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 ...

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 ...

Rawbank SA, the biggest bank in the Democratic Republic of Congo, is creating the country’s first carbon credit trading desk as it looks to cash in on a fast-growing market in climate finance. Its ...

Traders are the most Trump-like figures within banks. They have short attention spans, crave instant rewards and view consistency as a weakness rather than a virtue. Like Trump, traders have been ...

Amid consistently high geopolitical tensions, a shifting interest rate environment in developed and developing economies, and the increasing threat of tariffs impacting global trade, one thing is sure ...

Trading desks are specialized departments within financial institutions that execute securities transactions. Acting as the central hub for buying and selling activities, these desks engage in various ...

(Bloomberg Businessweek) -- In the decade Tim Brooks has been buying and selling currencies, he’s grown used to feeling that ...

LONDON (Reuters) - New players would soon fill the void in the markets if the U.S. government prohibits banks from proprietary trading, leaving trading activity, exchanges and interdealer brokers ...