The prime broker continues to add to its growing roster with the addition of Morgan Stanley's former client coverage COO.
Tag: prime brokerage
Lisa Dolly announces intentions to step down as CEO of Pershing after more than three years in the role.
Credit Suisse stated it has seen increased profits following its programme of optimising and rationalising its prime brokerage balance sheet.
The service will also cover multi-asset execution, outsourced trading and introducing clearing services for hedge funds, mutual funds and family offices.
The review will include a potential uplift of operations for client on-boarding, asset servicing, collateral management and settlement processes.
Respondents to Deutsche Bank’s Alternative Investment Survey believe Asia is the most sought-after investment region for the first time since 2010.
The New York-based firm is aiming to become the partner of choice for hedge funds that are diversifying their prime brokerage partners.
Also known as Delta One, the synthetic prime brokerage business accounted for nearly half of JP Morgan’s total global prime finance revenue in 2018.
The appointment for the newly-created role is part of GPP’s strategic expansion of its senior leadership team.
INTL FCStone expanded into the US prime services market at the back-end of last year after it brought on three former senior executives at Cowen Group.