China Construction Bank (CCB) reported the highest TLAC-to-risk-weighted assets (RWAs) ratio among the group, at 21.9%. It was followed closely by Industrial and Commercial Bank of China (ICBC) at ...

Achieving consistent performance in the sharpest of downturns, though, has remained elusive for CTA managers. Trend-following strategies rely on backward-looking signals and have often suffered losses ...

The authors investigate volatility spillover across the Covid-19 pandemic, Russia-Ukraine conflict and the collapse of ...

BrokerTec and MarketAxess posted minor market share gains, as trade volumes for US Treasuries surged during the tariff-induced turmoil in government bond markets at the start of April. From March 25 ...

A bet on the relative performance of US interest rate swaps versus Treasuries has turned into a ‘pain trade’ for hedge funds as tariff-driven fears cause bond yields to surge. Hedge funds piled into ...

American Express’s structural currency hedges lost $198 million in value during the first quarter, as the US dollar weakened in response to early signs of aggressive trade measures from US President ...

European asset managers and pension funds are adding more currency hedges to their US equity portfolios following a breakdown of the so-called ‘dollar smile’.

Wells Fargo’s decision to tilt its foreign exchange business towards institutional buy-side clients is paying off, with the ...

It’s a source of frustration to members of the European Parliament (MEPs), who say the time is coming for the European ...

The market volatility that followed US President Donald Trump’s back-and-forth tariff announcements has had financial ...

Following $26 billion of inflows over the two years through February, the largest CLO-backed ETFs saw outflows totalling $1.6 billion in March and April.

Goldman Sachs was the top US dealer for foreign exchange trading revenues in 2024, which more than doubled at the firm thanks ...