Risk interdealer rankings 2013: Dealers
Deutsche Bank retains its title in a 12-month period that was enlivened by the return of volatility to Japanese markets, recent jitters in fixed income and a continuing debate about whether regulation is making markets less liquid. By Tom Newton
The story of the past 12 months is bookended – more or less – by the remarks of two central bankers. At one end is European Central Bank (ECB) president Mario Draghi, who insisted last July the ECB would “do whatever it takes” to save the euro, ushering in a much-needed period of calm in financial markets. This lasted until May 22, when his counterpart at the Federal Reserve, Ben Bernanke, said the central bank might taper its bond-buying programme, unleashing a period of bond market volatility
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