MUFG bolsters securities lending desk again with hire from Deutsche Bank
The Global Securities Lending Solutions (GSLS) Group within MUFG continues to grow as market revenues swing in Q1.
The Global Securities Lending Solutions (GSLS) Group within MUFG continues to grow as market revenues swing in Q1.
BNP Paribas’ expanded prime services business will launch after the integration of Deutsche Bank’s hedge fund clients is completed this year.
Axoni’s has raised a total $90 million, with existing investors Citi, Goldman Sachs, HSBC, JP Morgan and Wells Fargo also participating in the latest round.
The appointment marks the return of the global securities services role back to London after nearly three years.
Deutsche Bank’s sub-custody business dealt a huge setback as its biggest client severs ties, casting a shadow over the German securities services provider’s future.
MUFG continues to invest in securities finance team with new hire in Luxembourg.
The project will explore a range of technological and practical feasibilities of digital assets to form the foundation of an integrated platform.
Short selling and margin financing volumes by offshore investors in China are set to take off following the new relaxation measures last month.
Over the past year, Deutsche Bank has accelerated its adoption of new and disruptive technologies for its securities services division.