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US bank wants to become a top three firm for trading cash equities globally

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JP Morgan has rejigged the leadership of its cash equities sales and trading teams globally as it bids to become a top three trading house in these products.

Matt Mallgrave will join JP Morgan from Credit Suisse in June as head of Americas cash equity trading, the bank confirmed today.

JP Morgan shuffles cash equities managers

JP Morgan reshuffles cash equities managers

Elizabeth Pfeuti

JP Morgan

Morgan Stanley

Goldman Sachs

Credit Suisse

Bank of America

Ex-Fidelity star Anthony Bolton warns US stocks will have ‘day of reckoning’

JPMorgan AM ups headcount 20% in European ETF push

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Find out who is on the move in the City and beyond this week

Sidley Austin raids Latham & Watkins for 10-lawyer team in London

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

GQG Launches Buyback After Stock Tumbles on Adani Probe

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

By Brian Schwartz, Vivian Salama and Andrew Restuccia

Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair

The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

Nvidia Is on Top but Does It Have Anywhere to Go but Down?

Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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