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.
Tag: prime brokerage
Capital introduction teams facing stricter marketing regulations
Prime brokers and their capital introduction teams may have to rethink how they operate with new pre-marketing rules set to be enforced.
Deutsche Bank in rebuilding phase for prime brokerage division
Deutsche Bank announced in May that it had reduced its balance sheet exposure in prime finance and the rates business by €80 billion.
Prime Brokerage
Custodians break into FX services with a new angle
In January, BNY Mellon announced the launch of a FX prime brokerage service, the first custodian to enter the space. Will this mean a new approach to FX prime brokerage?
State Street brings on FX prime brokerage expert to build out trade services
FX prime brokerage expert joins State Street in a newly created role from Standard Chartered in London.
Cantor Fitzgerald bolsters prime brokerage expansion with new global cap intro head
Cantor Fitzgerald has beefed up its prime brokerage team over the past six months, following the hire of Jon Yalmokas in September to lead the unit.
Deutsche Bank to cut prime brokerage leverage by €50 billion
Prime brokerage was one of the top revenue fallers for Deutsche Bank in 2017, due to its balance sheet-intensive nature and has over the years made major cuts with certain hedge fund clients.
Deutsche Bank outlines cut backs to US prime finance business
Deutsche Bank’s plans will include a significant reduction in its headcount across the US and Asia.
Credit Suisse creates new US prime financing sales role
The new role will include oversight of Credit Suisse' capital introduction, client services and prime consulting businesses.
Credit Suisse makes cuts to prime brokerage team under new leader
The cuts were sparked by the departure of Indrajit Bardhan, Credit Suisse’s former global head of prime services, last month.