Investing banks barclays recorded record growth in FX

Barclays recorded record growth in FX trading volumes, with emerging market currencies driving spreads. Investing banks equipped with advanced algorithmic trading tools could see further revenue acceleration amid rising volatility. Shares of Uranium Energy Corp. (NYSEMKT: UEC) increased 24.8% in September, according to data provided by S&P Global Market Intelligence . The stock moved higher as the U.S. government signalled policies aimed at boosting domestic production of nuclear materials. On September 26, NYDFS announced new guidance allowing state-chartered banks to receive CRA credit for lending to, or investing in, community development financial institutions (CDFIs) — even if their 2024 federal certification had lapsed subject to certain conditions. NYDFS issued this guidance to assist banking institutions and CDFIs ensure that CRA credit would be awarded for eligible lending and investment activity. The guidance clarified that CDFIs experiencing federal certification lapses unrelated to their programs or mission have an avenue for continued funding, helping to ensure that federal uncertainty does not destabilize community-based institutions. Macroeconomic signals, such as easing CPI and rising PMI, suggest a favorable backdrop for investing banks’ equity financing arms. Analysts project increased secondary offerings as firms seek to capitalize on market optimism.