EquiLend recruits senior sec lending expert from Deutsche Bank
EquiLend has recently hired a number of securities lending veterans as it looks to strengthen relationships with users for its trading, data and post-trade services.
EquiLend has recently hired a number of securities lending veterans as it looks to strengthen relationships with users for its trading, data and post-trade services.
Deutsche Bank has also named two new co-heads of prime finance, as it looks to renew business with hedge funds.
Graham Ray will assume a newly-created position within BNP Paribas Securities Services after leaving Deutsche Bank in June.
The global heads of capital introduction at some of the biggest prime brokers have left this year to pursue new ventures.
The administrator completed the integration of Deutsche Bank’s Alternative Fund Services team earlier this year.
Deutsche Bank names new head of securities services for EMEA and elevates veteran to head of securities services global product management.
Deutsche Bank announced in May that it had reduced its balance sheet exposure in prime finance and the rates business by €80 billion.
The German bank will pay the settlement after its US subsidiaries were charged with improper handling of “pre-released” ADRs.
DWS will transfer its fund administration unit, which is predominantly based in Germany, to BNP Paribas.