Cantor Fitgerald hires Deutsche Bank exec to run European PB operations

The New York-based firm is aiming to become the partner of choice for hedge funds that are diversifying their prime brokers.

By Joe Parsons

Cantor Fitzgerald has made another senior hire for its European prime brokerage business, appointing a former Deutsche Bank executive to run operations.

Daniel Casley joins the New York-based firm in London as head of EMEA prime operations.

He joins from Societe Generale where he served a brief stint as a regulatory oversight and remediation consultant. Prior to that, he spent over 12 years at Deutsche Bank serving in a number of senior operations roles, including global head of securities lending operations and EMEA head of prime finance operations.

The appointment of Casley is the latest in a string of senior hires to Cantor’s European team, as it looks to strengthen its team and compete with entrenched providers in the region such as Citi, Goldman Sachs and JP Morgan.

It is aiming to become the partner of choice for hedge funds that are diversifying their prime brokers.

In May, Cantor hired Sean Capstick from GPP Group, a London-based mini prime broker, as head of prime brokerage EMEA. In August last year, it also recruited Lynden Howie, the former EMEA head of enhanced custody at State Street, to lead the European equity finance business.

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