NatWest Markets’ head of loan trading departs to head up European business at RBC
According to an internal memo seen by The TRADE the addition will help build out RBC’s leveraged finance and financial sponsors banking business in Europe.
According to an internal memo seen by The TRADE the addition will help build out RBC’s leveraged finance and financial sponsors banking business in Europe.
The final guidelines follow a public consultation with participants and aim to enhance clarity and foster convergence in the industry’s approach to investor protection under MiFID II.
The new service is aimed at helping participants meet new requirements resulting from recent amendments to the Securities and Exchange Commission (SEC) rules.
The asset manager said the deal could help it to achieve 50% growth in passive assets under management and use of its alternative UCITS platform by 2025.
The latest edition of The TRADE Magazine is now available to read online.
Following the European Commission’s recent changes to the MiFID II regulation, Annabel Smith takes a look at the UK and Europe’s opposing approaches to dark trading and market transparency post-Brexit and the potential for a fragmented liquidity landscape.
The upgraded solution will provide Trumid with access to a broader range of market data sources, automation for axe and run management, and ION’s pricing engine.
The bank has been adding headcount under the stewardship of chief executive Rich Ricci.
Among the appointments is a new vice chairman for UK investment banking and a new head of EMEA financial institutions group (FIG) debt capital markets.
The asset manager also helped the FinTech raise $56 million in Series C funding.