The plan is to build a new private Google Cloud region to support CME Group’s global trading, offering derivatives traders access to “cloud-based, ultra-low-latency networking and high-performance computing”.
Following the completed transaction, CSIP will operate as BANTLEON Convertible Experts and will maintain existing leadership.
UBS confirmed its intention to take over Credit Suisse back in March 2023 with the deal subsequently reported to be worth more than $3.25 billion.
The partnership will give Stifel’s institutional client base access to Marex’s multi-asset class custody, financing, securities lending, and capital introduction offerings.
The transaction is set to be completed in the first quarter of 2025 pending regulatory approval.
The joint, full-stack solution enables both the buy- and sell-side to manage shareholder disclosure obligations for long, short and takeover panel reporting, The TRADE understands.
Quant trading and algos key focuses for the much-anticipated joint venture between Societe Generale and AllianceBernstein going forward, The TRADE understands.
With the move, Tradeweb is set to further enhance its presence in the corporate treasury markets; acquisition is expected to close in H2 2024.
The transaction involves the transfer of two Rothschild portfolio managers, Cristina Jarrin and Mikael Dauvert, to Ellipsis.
The deal was first announced in November 2023; following close the CQS brand will be aligned where possible with Manulife as Manulife | CQS Investment Management.