Global currency trading volumes soared to a record $9.6 trillion a day in April as Donald Trump's 'Liberation Day' U.S. trade ...
ING is closing its New York-based foreign exchange and credit trading desks, as part of the bank’s attempts to more effectively allocate resources ahead of impending Basel 2.5 regulation, an ING ...
The survey showed the US dollar remains the dominant currency. It is on one side of 89% of currency transactions. Well behind are the euro, involved in 29% of trades; the yen, involved in 17%; and the ...
Investors scrambling to adjust positions in response to the US tariff announcement on April 2 look set to deliver another bumper payday for bank trading desks, which continue to capitalise on volatile ...
Japan's Nomura Holdings plans to beef up its interest rate and currency trading operations globally, believing increased ...
Billionaire Ray Dalio told NBC’s “Meet the Press” program that the U.S. economy could be pushed into a recession because of President Trump’s trade war. Photo: Bryan Bedder/WSJ Wall Street is raking ...
Barclays Capital PLC, the 6-year-old investment banking division of London-based Barclays Bank PLC, competes with some very large and experienced old-time financiers for a chunk of the trillions of ...
The Reserve Bank of India has announced significant measures to elevate the rupee's global role, permitting cross-border ...