Wednesday, 24 May 2017

Bank strategy and results

Volatility rise eases worry about Q2

IFR 2184 20 May to 26 May 2017

A sudden injection of volatility last week provided trading desks with a shot of adrenaline, just as investors began to fret that a weak second quarter would derail a recovery in trading seen in the aftermath of Donald Trump’s election.

Negative rates hurt Japanese mega-banks

IFR 2184 20 May to 26 May 2017

Japan’s three biggest banks last week reported sluggish results for the year to the end of March as the Bank of Japan’s negative interest-rate policy continued to hamper their performances.

Natixis leads European CIB peers

IFR 2183 13 May to 19 May 2017

Natixis led a batch of second-tier European investment banks showing the benefits of reshaping and a narrower focus as it reported a 26% jump in revenues year-on-year at its corporate and investment bank last quarter.

JP Morgan to add to Asia cash equities headcount

IFR 2183 13 May to 19 May 2017

JP Morgan is looking to add to its Asian headcount in cash equities even as many competitors scale back in the region, Ryan Holsheimer, head of cash equity sales and trading for Asia-Pacific, told IFR.