JP Morgan and Citi record improved securities services revenue for Q3
The two US investment banks are the first to report their quarterly earnings, with their results often seen as a reflection of the current state of the banking industry.
The two US investment banks are the first to report their quarterly earnings, with their results often seen as a reflection of the current state of the banking industry.
Deutsche Bank's GTB franchise is aiming to link its products with the wider investment bank and create synergies for North American clients.
BNY Mellon's former country executive for China, Robert Kung, who will be retiring following a five year stint with the global custody bank.
GC Legend Lee Waite, who previously led the division, was appointed chief executive officer of Citi’s Japanese securities and banking units in June.
Deutsche Bank names new head of securities services for EMEA and elevates veteran to head of securities services global product management.
Citi and JP Morgan both recorded a 12% increase in the second quarter for their securities services businesses.
The move marks the second successive appointment of one of Deutsche Bank’s former senior securities services members for BNP Paribas.
Citi created the PFSS division in 2017 after combining the direct custody and clearing business with investor services
Widely renowned leaders in securities services and buy-side roles will gather for a full-day conference at Banking Hall in London.