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Bank of America analyst really loves this Wall Street stock, sees it rallying to $700

CNBC: Investing

"Despite the inherent unpredictability, trading revenues have grown in six out of the last seven years after bottoming in 2017 (coinciding with a shift in Fed policy)." " GS YTD mountain Goldman Sachs stock in 2025. The private credit space is another potential opportunity for further growth, the analyst said.

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Liquidnet bolsters US equities business with Instinet hires

The TRADE

Budds also most recently worked at Instinet, as an executive director from August 2017 to April 2025, and helped in the development and integration of BlockCross into the firm. Previous experience also includes serving as a vice president at State Street, as well as trading positions at ITG and Cavu Capital.

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People Moves Monday: Nomura Asset Management, UBS, Citadel Securities and more…

The TRADE

Budds also most recently worked at Instinet as an executive director from August 2017 to April 2025. The third hire to Liquidnet’s US equities business is David Ramirez, who joins as a senior member of the high touch and program trading team, following on from his position as a top revenue generator on Instinet’s high touch desk.  

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UBS pays US Department of Justice $300 million in continued clean-up of Credit Suisse legacy matters

The TRADE

Specifically, the settlement resolves a legacy matter related to outstanding obligations regarding Credit Suisse’s agreement with the DOJ back in 2017 for its legacy Residential Mortgage-Backed Securities (RMBS) business.

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Marex taps Nomura for new head of Korea sales

The TRADE

His focus is set to be on expanding institutional client engagement in Korea across asset classes including structured equities, fixed income and quantitative investment strategies. Prior to this, he also served as a vice president at Citi in Korea from October 2009 to August 2017 and before that worked as an analyst for Lehman Brothers.

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Liontrust exploring outsourced trading arrangement with BNY

The TRADE

Liontrust was awarded the Multi-Asset Trading Desk of the Year and Mid-Cap Trading Desk of the Year by The TRADE in 2022 and 2017 respectively. In October, UK-based asset manager Artemis selected Northern Trust to provide outsourced trading services for its equities and derivatives activity, effective January 2025.

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Repo trading becoming an increasing priority for the buy-side

The TRADE

He explained: “It’s difficult also to make markets more attractive for retail investors, but we do believe we have a very good opportunity as we have the equity and fixed income products and mini futures, and we are also open for 23 hours a day – so all the infrastructure and the capabilities are there.”