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Friday, 22 September 2017

Markets

Logo of the European Banking Authority

ABS: EBA launches risk transfer consultation on securitisation

20 September 2017

The European Banking Authority has launched a public consultation on its discussion paper on significant risk transfer in securitisation.

Trumid adds continuous bond pricing

19 September 2017

Electronic bond-trading platform Trumid has launched a continuous pricing service for corporate bonds, which aims to ease a liquidity crunch by extending reliable bid/offer information to a broader range of fixed income securities.

Canary Wharf financial centre

Transaction banking revenues rise 4% in H1

19 September 2017

Global transaction banking revenues rose 4% to US$13.8bn in the first half of this year from a year ago, led by a jump in cash management income in the Americas and Asia, analysis firm Coalition said.

Bitcoin

JP Morgan’s Dimon says bitcoin ‘is a fraud’

13 September 2017

Bitcoin “is a fraud” and will blow up, JP Morgan chief executive Jamie Dimon said on Tuesday.

CBOE

DERIVATIVES-CBOE plans S&P Select Sector Index options

12 September 2017

CBOE plans to launch options contracts referencing the 10 sector indices that comprise the S&P 500, offering investors new ways to efficiently incorporate US sector strategies into their portfolios.

Citigroup sees Q3 markets revenue down 15% on year ago

11 September 2017

Citigroup’s third-quarter markets revenue is running about 15% percent less than a year earlier when volatility was boosted by reactions to the Brexit vote and US elections, chief financial officer John Gerspach said on Monday at an investor conference.

Keith Mullin

Passive investment will kill IPOs

IFR 2200 9 September to 15 September 2017

INVESTMENT BANKERS LOVE IPOs more than most. These days that’s largely because of the high fees such deals attract, rather than the kudos that comes with being a go-to adviser and underwriter (those bragging rights have been slipping away as the act of going public has lost its lustre as the highest-form corporate end-state).