02 Dec 2020
Citi overhauls equities, structured equity solutions teams
The changes come as Fater Belbachir sets his plan in motion as the new global head of equities and cross asset structuring.
23 Sep 2019
Deutsche EQD book sold at auction
Barclays, Goldman Sachs and Morgan Stanley first to move as the German bank begins to offload parts of its equity derivatives book as it implements the restructuring of its equities-trading activities.
15 Jul 2019
BNPP replaces US index head after US$80m mishap
BNP Paribas has replaced the head of the US index desk after the French bank reported an US$80m loss in derivative trades linked to the S&P500 benchmark late last year as turbulence rattled global capital markets.
30 Apr 2019
Nomura’s global markets business drags Q4 profits down
Revenues in both fixed income and equities trading dropped drastically year-on-year in the fourth quarter ending in March as Nomura’s wholesale business posted a pretax loss of JPY13 billion (US$116 million).