Prime Brokerage
BNP Paribas was among the top banks that recorded a boost in earnings for equities and prime brokerage during 2017.
People Moves
Credit Suisse will expand responsibilities of its current head of Americas equities to include global prime services.
Technology
The study explained outdated systems used by clearing banks and prime brokers are not fit for purpose for today’s current regulatory environment.
Securities Finance
The custodian bank is looking to allow its clients to access a new source of much-needed liquidity in the FX space.
Securities Finance
Noel Kimmel, who founded Cantor Fitzgerald's prime brokerage business in 2009, has left to join Cerberus Capital Management.
Americas
Representatives from BNY Mellon's Pershing, Cantor Fitzgerald, Apex Fund Services and FIS will headline the GC Sessions in New York on 30 November.
Securities Finance
Hong Kong's SFC will look into the conduct and risk management practices of prime brokers in the country.
Securities Finance
Cowen Group agreed to buy Convergex Execution Services and its prime brokerage business in April for $116 million.
Securities Finance
Marcelo Pizzimbono has returned to Goldman Sachs after seven years with Deutsche Bank.
Securities Finance
Cantor Fitzgerald have had a string of hirings in prime brokerage as part of a new strategy enacted by former co-CEO of Deutsche Bank, Anshu Jain.