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.
Tag: prime brokerage
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.
Deutsche Bank boosts European cap intro team with new director
Hedge fund expert joins Deutsche Bank's European prime brokerage team.
BNP Paribas’ senior prime brokerage head exit prompts shake-up
BNP Paribas was among the top banks that recorded a boost in earnings for equities and prime brokerage during 2017.
Credit Suisse names new global head of prime services
Credit Suisse will expand responsibilities of its current head of Americas equities to include global prime services.
IBM study slams derivatives clearing, prime brokerage systems
The study explained outdated systems used by clearing banks and prime brokers are not fit for purpose for today’s current regulatory environment.
BNY Mellon to launch FX prime brokerage service
The custodian bank is looking to allow its clients to access a new source of much-needed liquidity in the FX space.