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Trio had planned a bid to be the consolidated tape provider for bonds in Europe and the UK

Trading Correspondent

Bloomberg, MarketAxess and Tradeweb have axed plans to form a joint venture for bond data.

The trio were slated to bid for a chance to become the 

 provider in Europe and the UK for fixed income.

Bloomberg, MarketAxess, Tradeweb scrap joint data venture

Jeremy Chan

Tradeweb

Business

Morgan Stanley names Esteve head of equity syndicate in Europe

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Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

Barclays poaches Citi managing director for wealth private credit push

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Dale Walsh will accelerate growth of the private bank and wealth management’s lending business

Northern Trust taps UN pension fund for head of international role

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Pedro Guazo, who joins in August, will also oversee the $1.3tn asset manager’s responsible investment platform globally

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The dollar lost momentum ahead of an expected decline in U.S. job creation, as investors expect the Fed to start cutting interest rates in coming months.

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The tech giant has been ramping up efforts to boost business growth in a bid to defend its place in China’s tech and commerce industries, as well as grow abroad.

Alibaba Readies $7 Billion Boost for Commerce Unit, Plans New Data Centers

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