Capital markets: What future for FIG?

Capital markets: What future for FIG?

Non-DCM FIG revenues have fallen sharply this year as clients remain focused on balance sheet housekeeping, and many rights issues have proven to be a tough sell.

Sideways: The Committee to abolish Christmas trades

Sideways: The Committee to abolish Christmas trades

When HSBC’s former head of global FX cash trading Mark Johnson learned that he had a window of just over 30 minutes to move the sterling exchange rate and profit from an approaching client trade, he said: “Ohhh f***ing Christmas,” according to US prosecutors.

Brexit: the bond trader’s unlikely friend

Brexit: the bond trader’s unlikely friend

Bond investors were given a surprise gift when the UK voted to leave the European Union in June, as the sustained uncertainty split opinions and pumped some much-welcomed liquidity into the secondary market.