DTCC launches tokenisation service for DTC-custodied securities
The service has signed up 20 DTC participants, including Citi, JP Morgan and State Street, and will initially connect to the Canton Network and DTCC’s private Besu network.
The service has signed up 20 DTC participants, including Citi, JP Morgan and State Street, and will initially connect to the Canton Network and DTCC’s private Besu network.
Shortlist announced for annual Industry Leaders Awards which return to honour fund administrators and prime brokers through survey-related awards and Editors’ Choice categories.
UK-headquartered depositary appoints Morgan Stanley executive to lead customer services and operations.
Emma Prophet had led Morgan Stanley’s global network of agent banks and central securities depository (CSD) relationships for over three years.
The stalwart of Morgan Stanley's industry-leading prime brokerage business will retire after serving over 30 years with the US firm.
One of Morgan Stanley's most senior prime brokerage executives will retire at the end of 2019 having led the division since 2009.
The former co-head of Morgan Stanley's global institutional asset servicing business will lead the asset servicing consulting team at Sionic.
The lawsuit accused the six banks and their prime brokerage divisions had colluding to ‘boycott’ an electronic securities lending trading platform.
BNY said the transaction represents a major new route to market for its securities lending clients without the need to set up direct clearing membership.
The prime broker continues to add to its growing roster with the addition of Morgan Stanley's former client coverage COO.