Citi merged its equities, prime brokerage and securities services businesses into one unit in July, with an aim to capture greater market share.
Tag: prime finance
The former COO of global client coverage at RBC I&TS joins Standard Chartered in Hong Kong to lead the Greater China securities services business.
The appointment is one of the more significant hires for BNY Mellon as it attempts to regain the top spot in the global custody rankings.
Deutsche Bank announced in May that it had reduced its balance sheet exposure in prime finance and the rates business by €80 billion.
Deutsche Bank plans to double-down its efforts for its most profitable clients, expanding the hedge fund focus on its senior equities team.