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 ...
Traders are the most Trump-like figures within banks. They have short attention spans, crave instant rewards and view consistency as a weakness rather than a virtue. Like Trump, traders have been ...
Deutsche Bank AG’s US distressed trading desk netted about $200 million in profit during the three months ending Sep. 30, according to a person with knowledge of the matter, part of a trading boom ...
Trading desks are specialized departments within financial institutions that execute securities transactions. Acting as the central hub for buying and selling activities, these desks engage in various ...