BNY Mellon names Gibbons as permanent CEO
The appointment marks the culmination of Gibbons’ 34-year career at BNY Mellon, where he has held many of its most-senior roles.
The appointment marks the culmination of Gibbons’ 34-year career at BNY Mellon, where he has held many of its most-senior roles.
Clearstream veteran Miriam Marascio has joined CloudMargin to oversee onboarding, support and relationships with clients.
Authorisation comes following similar licences for Euroclear and Clearstream in recent months.
BNP Paribas CEO Jean-Laurent Bonnafé says Deutsche Bank prime brokerage business transition is proceeding very swiftly, with restructuring costs expected to reach €100 million this year.
Swaps trading/management and cash prime finance will be combined onto a single infrastructure with Nuvo Prime, as Societe Generale targets growth of business.
The FCA has made it clear to asset managers it would be evaluating their efforts to implement SMCR during the first half of 2020.
The shake-up gives three of BNY Mellon's most senior asset servicing executives new roles to expand product development and client management globally.
The stalwart of Morgan Stanley's industry-leading prime brokerage business will retire after serving over 30 years with the US firm.
Acquisitions, high-profile hires and a new securities lending offering have been among the highlights of MUFG’s first year under new investor services chief John Sergides.
Clearstream’s licence was granted by the German Federal Financial Services Authority BaFin and is effective immediately.