Posts tagged 'central execution desk'

These are the voyages of the JP Morgan CIO

Bruno Iksil — a.k.a Voldemort — coverage at Bloomberg is getting a tad, should we say, compulsive.

The latest follow up sees the news agency trawling through the LinkedIn profiles of JP Morgan’s Chief Investment Office employees in an attempt to figure out exactly what the office does. Is it prop trading? Is it hedging? Or is it possibly funding? You can almost hear the collective Bloomberg brain chiming: “Cannot compute. Cannot compute. How can one guy hold a $100bn position? Why have we never heard of the Chief Investment Office before?”  Read more

Rise of the central execution desk

The UBS rogue-trading scandal has shone a light on the way banks have transformed their trading divisions in the last decade.

Simply put, trading is not what it used to be. Read more