For long periods in 2012, it seemed as though the markets were on mute. Volatility was low, volumes were lower and the noise of the trading floor receded into the background. In the hush, it was possible to focus on the slower, structural changes that are taking place. Many of this year’s awards recognise firms, products and individuals that have done most to adapt to these changes – or, in some cases, to bring them about.
In the last month of 2012, Goldman Sachs was a counterparty to the first
- Regulators to scrutinise CCP default auctions
- People moves: Bank of America names new Apac chiefs, Wilkinson leaves LGIM, Lloyds loses Coutte, and more
- VAR surges, revenues tank at French banks hurt by volatility
- A rush on Libor fallbacks to head off holdouts
- Swaps data: SOFR volume and margin insights