Debt and Darwin: UBS’s New Bond Boss Looks to Evolve – E Financial News When UBS embarked on its Accelerate restructuring plan three years ago, says Amir Hoveyda, its new head of debt capital markets and client solutions, competitors and clients alike thought its future in investment banking was dim.
JPM Looks to Pull The Plug on Bloomberg Terminals – New York Post Jamie Dimon may be pulling the plug on Bloomberg terminals, unless he can get a deal.
BGC Partners and GFI Group Complete Merger – Profit & Loss BGC Partners’ merger with GFI Group has been completed.
Goldman Sachs Sees Governments Coming to ECB Rescue on Stimulus – Bloomberg Mario Draghi may soon find that when it comes to supporting the euro area, the European Central Bank is no longer acting alone.
CLS Volume, Value Data Little Changed in December – Profit & Loss Monthly CLS settlement and aggregation service data for December shows little change against the previous month; however, the combined data shows year-on-year declines.
Bloomberg Acquires Social Media Risk Management Firm – Profit & Loss Bloomberg has acquired the intellectual property, patents and engineering assets of Netbox Blue, a provider of social media risk management and compliance solutions, to enhance its enterprise compliance platform, Bloomberg Vault.
FD Buys QuantumKDB – Profit & Loss Software and consulting services provider FD announces the acquisition of QuantumKDB (UK) Ltd. According to FD, the acquisition will support the growth of its Kx business through complementary consultancy services.