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The results so far: Equities rebounding as market stays primed for continued macro uncertainty

The TRADE

Across the board banks have reported increasingly positive equities performances, a notable development following turbulent recent times. Jane Fraser While equities performance either grew or remained flat across the sell-side, the banks posted less impressive growth in fixed income, however. Fixed income markets revenue was $5.3

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Deutsche Bank completes acquisition of Numis

The TRADE

Read more – Numis shutters low touch electronic trading business At the time the deal was revealed, documents seen by The TRADE made clear that the move had come amidst the bank evaluating the best way to accelerate the growth of its UK business after identifying it as the largest investment banking market in Europe.

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Bulge Bracket Banks: 2024 Edition

Mergers and Inquisitions

Bulge Bracket Bank Definition: The “bulge brackets” are the largest global banks that operate in all regions and offer all services – M&A, equity, debt, and others – to clients; they work on the biggest deals (usually $1 billion+) and have divisions for sales & trading , equity research , wealth management , corporate banking , and more.

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Senior Fidelity equities trader departs

The TRADE

Senior equities trader for EMEA, Georgina Flynn, is set to leave Fidelity International, The TRADE can reveal. Flynn has been with Fidelity since 2016 when she joined as an equities trader for EMEA. Previously in her career, she also undertook a sales trading internship at Sanford C.

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StoneX adds investment banking capabilities with acquisition of The Benchmark Company

The TRADE

StoneX Group is set to acquire The Benchmark Company, aiming to strengthen its offerings in equity and debt capital markets. The strategic acquisition will also provide enhancements in equity research and investment banking.

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People Moves Monday: Liontrust, Fidelity International and Instinet

The TRADE

Industry stalwart McLoughlin has an extensive career history in trading, having previously served as a global equity and derivatives trader at Legal & General Investment Management (LGIM) for a year and as a senior trader at RAB Capital for five and a half years. He currently serves on the board of directors at Plato Partnership.