Securities lending lawsuit against Wall Street banks dropped
The lawsuit accused the six banks and their prime brokerage divisions had colluding to ‘boycott’ an electronic securities lending trading platform.
Tag: Credit Suisse
Credit Suisse restructures global markets prime services leadership
The investment bank has seen increased profits from the business following a programme of optimising and rationalising its prime brokerage balance sheet.
Utility Settlement Coin gains £50m backing and moves forward with backing of banks
State Street, BNY Mellon and MUFG among those backing the tokenisation project aimed at transforming clearing and settlement.
Credit Suisse sees increased prime brokerage revenues after balance sheet cuts
Credit Suisse stated it has seen increased profits following its programme of optimising and rationalising its prime brokerage balance sheet.
Credit Suisse processes fund transaction on DLT platform
A number of custodians and asset servicing providers have trialled using blockchain platforms to process fund transactions.
New tokenised collateral system will make a ‘winner out of everyone’ as backers eye ambitious expansion
Tokenised collateral mobility system eyes expansion into cash and new regions ahead of market adoption at the end of the year.
Credit Suisse continues rebuild of US prime division with new senior derivatives expert
Credit Suisse has hired Terry Burke from CME Group as it continues to rebuild its US prime services division.
Wall Street sees departure of senior cap intro faces
The global heads of capital introduction at some of the biggest prime brokers have left this year to pursue new ventures.
Unconventional investments top traditional hedge fund strategies for first time, finds Credit Suisse
The survey found demand is being driven by a desire for customisation and transparency by allocators and other hedge fund investors.
Gen II hires 25-year Credit Suisse veteran as senior advisor
The appointment is the latest win for Gen II, as it looks to build upon its record assets under administration of $200 billion