Former Deutsche Bank traders convicted for Libor rigging scheme
Matthew Connelly and Gavin Campbell Black have been convicted by the US Department of Justice for Libor manipulation.
Sell-Side
BGC Partners to relocate London HQ
Interdealer broker will bring its two existing offices in London under one roof at new Canary Wharf location.
Societe Generale deploys reconciliation and data control system from Duco
Investment bank to automate reconciliation processes across all business areas through new reconciliation and data control systems.
ITG rolls out conditionals for POSIT Alert block trading in Asia
POSIT Alert conditional orders are already available in Europe, the Middle East and Africa, and the US.
Targeting talent: The industry’s new battleground
Attracting and retaining the brightest talent available has become the new battleground for investment banks as new compliance obligations and technology developments create warring factions desperate to secure the best personnel possible. Hayley McDowell tells the story behind this method of attack and finds out that a talent shortage could be just on the horizon for major players.
Brokers predict surge in buy-side demand for customised algos
Research from Greenwich Associates found that brokers expect almost half of their clients to ask for customised algos over the next year.
BNP Paribas promotes institutional banking head to deputy COO
Yann Gérardin has been with BNP Paribas for 32 years and has led the corporate and institutional banking division since 2014.
BNY Mellon hires sales and trading CTO from Bank of America
Industry veteran Sabet Elias has been chief technology officer for sales and trading at Bank of America for the past seven years.
State Street Global Exchange head named CEO of Charles River as acquisition closes
John Plansky, head of State Street Global Exchange, is named CEO of Charles River as Peter Lambertus takes on strategic consultant role.
Barclays appoints corporate broking director from Goldman Sachs
Laura Klaassen, UK director for equity capital markets at Goldman Sachs, joined Barclays today as director for corporate broking.