BNP Paribas’ expanded prime services business will launch after the integration of Deutsche Bank’s hedge fund clients is completed this year.
Custodians and prime brokers have sought to unlock the use of ETFs as collateral in securities lending transactions.
The resurgence in short selling and increased performance among hedge funds could pave the way for a profitable year for securities lending desks of banks.
Citi promotes internally to appoint co-heads of futures, OTC clearing, and FX prime brokerage (FCX), while the global head of prime finance has departed.
UK-headquartered depositary appoints Morgan Stanley executive to lead customer services and operations.
Capitolis intends to use the funds from this latest investment to further accelerate its technology and product development.
An asset class rotation among hedge funds could encourage prime brokers to invest significantly in specialising in servicing credit and multi-asset strategies.
Cowen recruits Deutsche Bank's former head of prime brokerage Americas sales to bolster global securities finance division.
After serving 10 years as the first female Police Officer in Cranford, NJ, Vanessa Van Brunt made the jump to Wall Street where she held senior roles with Wells Fargo and BlackRock. In this episode, Van Brunt discusses stories from her time in the force where she worked on a variety of undercover assignments, narcotics task forces, and first-responder duty during 9/11 supporting NYPD
Cowen has hired a former prime services executive from Morgan Stanley, JP Morgan and Cantor Fitzgerald to boost its New York sales team.