The upcoming transition to a T+1 securities settlement cycle in North America could lead to increased use of overnight swaps at the end of the US day, putting pressure on foreign exchange ...

State Street’s use of short-term funding more than doubled in the first quarter, despite a simultaneous surge in deposits providing ample liquidity. Total short-term borrowing (STB) stood at $15.1 ...

Decades of ultra-low rates in Japan have left investment firms facing a shortage of experienced traders in the yen rates market, which dealers say could give rise to additional volatility as the Bank ...

The private credit sector has exploded in size from around $300 million just over a decade ago to $2.1 trillion in 2023, ...

Republic First Bank collapsed as a result of steep losses on fixed rate assets in its securities portfolio, which far exceeded its total equity of $197 million.

The discovery of unauthorised intraday bets made by a delta one options trader at Societe Generale has cast a spotlight on the difficulties banks face in monitoring and limiting exposures over the ...

Unclear instructions, late guidance and poor font choices among reasons behind diverging interpretations from EBA’s template ...

Hedge funds are likely to receive more “advantageous” pricing than other buy-side client types and their flow can have more ...

A consortium of 10 banks and market-making firms is investing $172 million in BGC’s electronic trading and exchange business, ...

A start-up trading venue hopes to capitalise on weakening ties between retail brokers and non-bank market-makers, providing ...

Operational risk-weighted assets (RWAs) for three Nordic banks hit their highest levels since at least 2016 in the first ...

The termination of the US Federal Reserve’s Bank Term Funding Program (BTFP) potentially deprived Comerica of significant amounts of readily available liquidity at favourable terms, underscoring the ...