Keith Mullin is Editor-at-Large of International Financing Review (IFR). An accomplished journalist, editor and market commentator for over 25 years, Keith has covered a range of specialist market segments from debt, equity and loan capital markets to securitisation, financial derivatives, leveraged finance, emerging markets and others. He is the author of two hard-hitting analyses of the investment banking industry – "Global Investment Banks: Trends, Strategies and Performance (2006) and “After the Bailout: Future Directions in Investment Banking” (2009). Based in London, Keith is married with three children. He is Vice President of Save the Children.
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FIXED-INCOME TRADING, the bête noire of investment banking for so long, bailed out what might have been an otherwise so-so third-quarter performance for the Big Five US firms as clients regained some sangfroid and showed more willingness to trade. Now, how often have you heard that?
DO I SENSE some early excitement around hoped-for future happenings at Commerzbank in the wake of the recently-unveiled restructuring? OK, on the basis that that no-one can be happy about the pain of heavy job cuts, excitement may not be le mot juste.
IFR editor-at-large Keith Mullin reports from the US on regulatory rumblings and capital markets musings.