BNP Paribas says Deutsche Bank prime brokerage transition will be finalised by summer 2020
Deutsche Bank hopes the transition will close by end of this year, but BNP Paribas has said it will likely be completed in its entirety by summer next year.
Tag: Deutsche Bank
Citi responds to industry pressures by combining equities, prime and securities services business
The new division is the latest in a string of restructuring moves in recent months as Citi looks to streamline its businesses.
Deutsche Bank targets end-of-year transition of prime brokerage unit to BNP Paribas
Deutsche Bank's top brass signalled it has made progress in the potential transfer of their prime brokerage balances, electronic technology and staff to BNP Paribas.
Deutsche Bank hires AQR Capital technology chief for €13 billion digital push
Neal Pawar will take on the role of chief information officer and join Deutsche Bank's executive committee in early September.
Deutsche Bank transitions leadership of securities services to New York
The German bank's global head of securities services departs after a year in the role, as Deutsche Bank names successor in New York.
Deutsche Bank to migrate prime brokerage unit to BNP Paribas
Deutsche Bank revealed its significant business transformation and restructuring plans, including a targeted reduction in adjusted costs of around €6 billion by 2022.
Could the end be nigh for Deutsche Bank’s prime brokerage unit?
Global Custodian looks at how Deutsche Bank, among the top five prime brokers not so long ago, ended up in a situation where the future of its prime brokerage business is in question?
Hedge fund giant Citadel recruits Deutsche Bank’s former prime finance veteran
Deutsche Bank's former global co-head of prime finance gets new role as head of central funding and counterparty strategy.
Custody
Sub-custodians look to evolve business models to fend off consolidation threat
Sub-custodians are now forced to adapt their businesses to accommodate the competition posed by Investor CSD models.
Custody industry urged to review risk pricing models
Securities services industry urged to take a closer look at cost models and risk by panel at The Network Forum Annual General Meeting.