IBTimes Australia : Fixed-income Topic

Wall Street bonuses, staff levels to rise in 2013: consultant

Fri, 17 May 2013 11:00:04 -0700

Wall Street bonuses and staff levels are expected to rise this year as trading and dealmaking activity pick up, according to a closely watched report released on Friday by a compensation consulting firm.

Analysis: For all the debt, there's a shortage of bonds

Tue, 14 May 2013 23:00:03 -0700

Debt may be everywhere but there's a scarcity of bonds.

Morgan Stanley CEO defends bond-trading business strategy

Tue, 14 May 2013 14:35:02 -0700

Of the five or six problems that sat atop the desk of Morgan Stanley Chief Executive James Gorman a year ago, only one remains: making sure the bank's bond trading business shrinks to profitability rather than obscurity.

Gundlach says yield-seekers at risk if interest rates rise: CNBC

Thu, 09 May 2013 12:00:02 -0700

Jeffrey Gundlach, star bond investor and the head of DoubleLine Capital LP, said on Thursday that investors who are fleeing bonds in favor of alternatives offering higher yields could suffer losses if interest rates rise.

Judge may set workout deadline in biggest U.S. muni bankruptcy

Tue, 07 May 2013 12:35:02 -0700

Alabama's Jefferson County will brief a federal judge on Thursday on its progress toward exiting from bankruptcy, as the county appears likely to become the first big U.S. local government to impose losses on bondholders since the 1930s.

Global shares near 5-year high as central bank rally rolls on

Tue, 07 May 2013 04:35:07 -0700

World shares hit their strongest in almost five years and Germany's Dax reached an all-time high on Tuesday, as signals top central banks will remain supportive of growth continued to drive markets.

Banks paint wider targets after early misses

Sun, 05 May 2013 06:42:02 -0700

It has taken banks years to rein in their optimism and start setting targets they have some chance of meeting, finally chastened by conspicuous failure in meeting the unrealistic expectations they touted.

RBS pushes for sale of UK government stake

Fri, 03 May 2013 05:35:02 -0700

State-backed Royal Bank of Scotland on Friday pushed for the British government to start selling its 82 percent stake as early as next year even though it could mean a loss for taxpayers.

Global shares stall as U.S. jobs report looms, dollar dips

Fri, 03 May 2013 04:49:02 -0700

World share markets stalled near five-year highs and the dollar dipped on Friday as investors braced for monthly jobs data from the United States, which could add to growing concerns over the global growth outlook.

Global shares pause as U.S. jobs report looms, euro gains

Fri, 03 May 2013 02:28:01 -0700

A rally in global share markets halted on Friday as investors braced for monthly jobs data from the United States, while the euro recovered slightly from losses driven by the European Central Bank's decision to cut rates.

Government could start RBS stake sale at a loss next year

Fri, 03 May 2013 02:21:01 -0700

State-backed Royal Bank of Scotland said on Friday the British government might have to take a hit when it starts selling its stake in the bank, which could happen as early as next year.

BNP Paribas pledges cuts after profits fall

Thu, 02 May 2013 23:21:02 -0700

French bank BNP Paribas pledged to keep cutting costs and staff amid a lacklustre economic environment after reporting a 45 percent drop in first-quarter net income on Friday.

European investment banks show rewards of slimming plans

Tue, 30 Apr 2013 09:42:02 -0700

Cost-cutting and resilient trading revenues helped Europe's investment banks keep pace with their U.S. rivals last quarter and boosted prospects that their slimmed-down operations can deliver rewards for investors.

UBS's private bank fuels forecast-beating profit

Tue, 30 Apr 2013 02:42:01 -0700

UBS's private bank attracted the most customer money for six years in the first quarter, recovering from a poor end to 2012 and backing the Swiss bank's drive to focus on managing wealthy clients' cash.

UBS posts strong first-quarter on trading income surge

Mon, 29 Apr 2013 22:35:02 -0700

UBS reported a better-than-expected first quarter profit on Tuesday as it saw a surge in trading income from its investment bank and more fees from wealthy clients.

UBS first-quarter beats expectations on trading income surge

Mon, 29 Apr 2013 22:07:02 -0700

UBS posted a better-than-expected first quarter profit on Tuesday as it saw a surge in trading income from its investment bank and more fees from wealthy clients.

Zames, rising star at JPMorgan, has seen worst of finance

Mon, 29 Apr 2013 16:49:02 -0700

Matt Zames, who on Sunday became sole chief operating officer at JPMorgan Chase & Co , is no stranger to market calamity.

UBS, Lloyds in focus as Deutsche jumps gun on results

Mon, 29 Apr 2013 16:14:02 -0700

Switzerland's UBS and Britain's Lloyds will on Tuesday show the impact of cost-cutting and tougher regulations on operations and capital strength, hours after rival Deutsche Bank announced a shock cashcall.

DoubleLine's Gundlach seeks more risk in new closed-end fund

Fri, 26 Apr 2013 16:00:04 -0700

DoubleLine Capital LP, the investment firm run by star bond manager Jeffrey Gundlach, said on Friday it completed an initial public offering for the closed-end DoubleLine Income Solutions Fund

Barclays investment banking shines as overhaul costs hurt

Wed, 24 Apr 2013 07:28:02 -0700

Investment banking made most of the first quarter profit at British bank Barclays, highlighting the challenge for the lender's new boss in making money as he shrinks that part of the business.

Barclays' investment bank outshines overall profit drop

Wed, 24 Apr 2013 02:21:02 -0700

British bank Barclays' investment banking division beat expectations in the first quarter, outshining the wider group's earnings drop and sending its shares to a 6-week high.

Credit Suisse beats forecast, eyes cash dividend

Wed, 24 Apr 2013 00:49:03 -0700

Credit Suisse said its drive to cut costs, risky assets and focus on its investment bank were bearing fruit as its quarterly earnings beat analysts' expectations and it raised the prospect of a cash dividend this year.

False White House Tweet Exposes Instant Trading Dangers

Tue, 23 Apr 2013 21:59:22 -0700

The upheaval in financial markets caused by a false report of explosions at the White House was brief, but its effect on traders who have come to rely on Twitter may last quite a bit longer.

Analysis: False White House tweet exposes instant trading dangers

Tue, 23 Apr 2013 15:00:06 -0700

The upheaval in financial markets caused by a false report of explosions at the White House was brief, but its effect on traders who have come to rely on Twitter may last quite a bit longer.

Analysis - False White House tweet exposes instant trading dangers

Tue, 23 Apr 2013 15:00:06 -0700

The upheaval in financial markets caused by a false report of explosions at the White House was brief, but its effect on traders who have come to rely on Twitter may last quite a bit longer.

Hackers send fake market-moving AP tweet on White House explosions

Tue, 23 Apr 2013 14:42:03 -0700

Hackers took control of the Associated Press Twitter account on Tuesday and sent a false tweet about explosions in the White House that briefly sent U.S. financial markets reeling.

Barclays' senior MENA financial institutions banker departs: sources

Tue, 23 Apr 2013 04:35:03 -0700

Michael Helou, a Barclays banker who headed the British lender's financial institutions group in the Middle East and North Africa, has resigned from the bank, three sources aware of the matter told Reuters.

More cost cuts key for European banks as growth hopes stall

Fri, 19 Apr 2013 04:28:02 -0700

Europe's banks are under pressure to show how they plan to step up cost-cutting and shrinkage when they announce first quarter results in forthcoming weeks, as the scars from bad loan losses and indebted economies refuse to fade.

Wall Street sinks further, uptrend in peril

Thu, 18 Apr 2013 10:42:02 -0700

Stocks fell on Thursday after data showed signs of slower growth ahead for the U.S. economy, with traders zoning in on technical factors to anticipate the market's next move.

Morgan Stanley's results weaker as bond trading stumbles

Thu, 18 Apr 2013 09:49:02 -0700

Morgan Stanley posted a 14 percent drop in adjusted earnings as its bond trading business faltered, raising fresh questions about how quickly the bank can turn around the long-lagging business.