Wealth Management Is a Risky Gold Rush for Banks
WSJ: It is a market served by local relationships, which means the top banks only have a 32% share, Coalition Greenwich research shows.
WSJ: It is a market served by local relationships, which means the top banks only have a 32% share, Coalition Greenwich research shows.
The Trade: a SIX and Coalition Greenwich report last August found that 80% of buy-side firms surveyed expect spending to go up across the board for market data in the next year.
Efinancial Careers: Despite being small by the usual standards of fixed income trading desks, the Jefferies global distressed debt trading team is rated top-five in the last Coalition Greenwich client survey.
Bloomberg: The team's success under Femenia's leadership is evident in their climb from ninth to fifth in market penetration for US distressed assets, as per the Coalition Greenwich Voice of Client 2023 US Fixed Income Study.
The Trade: Leveraged loan trading revenue topped $900 million in 2023, up 16% from 2021 and 29% from 2022, a new report from Coalition Greenwich has found.
Traders: “It’s the infrastructure and technology that has been built over the past 10 years that has allowed this trading to occur,” said Kevin McPartland.
Reuters: Tradeweb is one of the top three trading platforms for European government bonds, alongside Bloomberg and MTS, according to Coalition Greenwich.
The Desk: US Treasury volumes saw an average daily notional value (ADNV) of US$918 billion in February 2024, Coalition Greenwich’s March Data Spotlight has reported, up 41% YoY.
Reuters: Last year, global markets revenue at the world’s 11 largest trading houses was 6% lower than in 2022, according to data compiled by Coalition Greenwich.
Regulation Asia: New FIA and Coalition Greenwich research identifies capital requirements as the single greatest issue facing derivatives market participants.