BNP Paribas to roll out new prime division this year following Deutsche Bank integration
BNP Paribas’ expanded prime services business will launch after the integration of Deutsche Bank’s hedge fund clients is completed this year.
Tag: prime brokerage
Hedge funds’ 2020 rebound paves upward trend for securities lending desks
The resurgence in short selling and increased performance among hedge funds could pave the way for a profitable year for securities lending desks of banks.
NatWest Trustee and Depositary Services snaps up former Morgan Stanley European PB exec
UK-headquartered depositary appoints Morgan Stanley executive to lead customer services and operations.
March madness – the month that changed everything
Global Custodian takes an in-depth look into the month that changed the world, how hedge funds and prime brokers responded to the economic crisis that ensued, and what will be the ‘new normal’ for the HF-PB relationship?
Hedge funds face new virtual reality to raising capital
Hedge funds recorded heavy losses during the COVID-19 crisis, but many have been able to rebound. Joe Parsons asks, how have prime broker’s cap intro teams helped managers to raise capital for new fund launches during lockdown? And how has the lockdown stimulated the digitalisation of cap intro?
Citi, JP Morgan and State Street invest in FX FinTech firm Capitolis
Capitolis intends to use the funds from this latest investment to further accelerate its technology and product development.
Banks revisit prime brokerage growth strategies as hedge funds bounce back
An asset class rotation among hedge funds could encourage prime brokers to invest significantly in specialising in servicing credit and multi-asset strategies.
Cowen recruits ex-Deutsche Bank prime brokerage veteran for Delta One sales
Cowen recruits Deutsche Bank's former head of prime brokerage Americas sales to bolster global securities finance division.
Goldman Sachs to shift hedge fund services onto digitalised Marquee platform
Marquee Connect project will see Goldman Sachs develop a virtual platform for hedge funds to connect with prospective investors.
Stronger together
Deutsche Bank, HSBC and Standard Chartered, among others, have integrated their securities services divisions with other parts of the wider bank to target new cross-selling opportunities. What are the benefits of such a move? Asks Joe Parsons.