Many of the world's largest banks have seen their trading income fall in 2011, with only two – Morgan Stanley and JPMorgan – avoiding this fate.
Americas
Latest articles from US
Money laundering: a global solution to a global problem?
May 28, 2012As money-laundering is a cross-border problem, banks and regulators need to take a global approach to control the risks effectively.
Ethanol shakes up the energy mix
May 28, 2012With oil prices rising ever higher, interest in ethanol as a green fuel is growing, with the world's largest economies – Brazil, China and the US – already involved in production.
Barclays looks to make the most of debt dominance
May 1, 2012Barclays built a multi-asset execution platform out of the Lehman acquisition, and the debt specialist in the bank’s two-man management team for global finance in the EMEA region is relishing the opportunity to deploy that platform if merger and acquisition activity picks up.
Missed opportunity at the World Bank
April 23, 2012The appointment of a US academic to head the world Bank instead of Nigeria's Ngozi Okonjo-Iweala shows how out of touch the institution is.
Over-regulation threatens to capsize US financial sector
April 2, 2012The regulations implementing the Dodd-Frank Act, which was signed into US law in 2010 in response to the G-20's global financial regulatory reform agenda, are being written, and banks do not like what they see.
Foreign exchange still in everyone’s sights
April 2, 2012Higher volumes than before the financial crisis and a growing number of heavyweight currencies are attracting investment banks, but the global foreign exchange pie may not be large enough for everyone to have a slice.
The repo market is vital, not villainous
March 26, 2012The misuse of the repo market by Lehman Brothers and MF Global should not prompt hasty regulation proposals, because the vast majority of repo activity is entirely transparent and straightforward.
Shedding light on shadow banking
March 26, 2012The rise of non-bank intermediaries in Europe is an opportunity, not a threat
Thirst for Foster's boosts SABMiller deal
March 1, 2012SABMiller's need to finance its $12.3bn takeover of Foster's saw it issue a $7bn multi-tranche Yankee. The result defied even the most optimistic of expectations, with high demand seeing the brewer come close to refinancing its bridging loan of $8bn in one fell swoop.