Multi-bank blockchain working group completes test for equity swaps
Group including Barclays, JP Morgan, Credit Suisse and others complete tests for post-trade processing of equity swaps using blockchain technology.
Tag: Citi
Credit Suisse sells credit derivatives portfolio amid restructuring
Credit Suisse plans to further downsize its derivatives portfolio in a bid to avoid higher capital charges.
Costs top concerns of Mifid II traders
As firms count the cost of further delays to the forthcoming regulations, Joe Parsons asks what should regulators be doing to minimise the impact on businesses?
Citi traders face job cuts in London
The investment bank is embarking on a cost-cutting programme across Europe, involving trading, sales and operations units.
Citi activist calls to carve up group
Shareholder at Citigroup proposed two businesses, one in consumer lending, and the other in investment banking.
Deutsche Bank turns to Citi for new equities boss
Deutsche Bank chooses well-known figure previously at Citi, Credit Suisse and Goldman Sachs to lead its Equities Technology team.
A radical world for FCMs
Citi’s Jerome Kemp says clearing brokers must accept the new reality facing them and adopt radical changes to their models.
Ex Citi bosses head to Man Group
The arrival of two former Citi traders at Man Group extends the trend of former traders becoming fund managers.