Is a high level of consolidation in the FX market sustainable? And what of the hundreds of banks that fall outside the bulge bracket? The emergence of a clear bulge bracket in foreign exchange should ...

Andrew Michael is a former Deputy Editor at Forbes Advisor. He is a multiple award-winning financial journalist and editor with a special interest in investment and the stock market. His work has ...

Bulge-bracket investment banks have tightened their grip on the US equity market by increasing their market share of the listed and Nasdaq markets to 61%, from 55% in 2001, according to consultants ...