Europe is proving particularly fertile ground for digital primary markets because there’s more competition among banks, and electronic trading is more popular than in the U.S.
BlackRock, Alliance Bernstein tapping more into electronic bond trading
Goodbye to Bond-Trading on the Telephone
MiFID Spells Decline of Off-Exchange Bond, Derivatives Trading
Bond Investors Are Worried About Bond Market Liquidity
MiFID II outlook uncertain for bond market liquidity
Will Digital Disruption Trigger The Next Financial Crisis?
According to global consulting firm McKinsey, the banking industry is facing significant threats from new digital competitors, and from consumer adoption of digital services overall. If financial institutions don't address these risks appropriately, they could suffer the kind of big blows to their balance sheets not seen since the worldwide financial crisis of 2008
Disappearing Bank Jobs Won't Be Coming Back, Nordea CEO Says
The 6,000 job cuts announced last week at Nordea Bank AB are just a down payment for an industry facing radical overhaul, says Chief Executive Officer Casper von Koskull.
