State Street's global chief technology officer of four years has departed, as the bank undergoes a review of its technology ecosystem.
UBS has said costs associated with a restructure of its investment banking division will total around $100 million in the fourth quarter.
The liquidity solutions portal from Goldman Sachs aims to provide a consolidated view of funds, with reporting and analytics.
Prime brokerage is ‘the centre of the machine’ for equity sales and trading, according to Morgan Stanley, as revenues rise in the third quarter.
Huatai was the first global depository receipts issuer to use the Shanghai-London Stock Connect.
David Solomon, CEO of Goldman Sachs, says zero commission trading for institutional investors is unlikely, but acknowledged pressures on commission rates.
The 2019 edition of The TRADE’s Execution Management Systems survey finds the space in rude health as execution quality continues to increase.
The rates division at Tullett Prebon engaged in improper trading with lax controls and systems in place to monitor broker conduct.
Traders from HSBC, Barclays, Deutsche Bank, Bank of America Merrill Lynch, Jefferies, Credit Agricole and NatWest Markets have joined Mizuho throughout September and October.
One of Morgan Stanley's most senior prime brokerage executives will retire at the end of 2019 having led the division since 2009.