Libor transition delayed for over half of sell-side firms due to pandemic
SDL report found that due to delays 40% of firms had not started planning or had only started planning for the transition in 2021, despite the upcoming December deadline.
SDL report found that due to delays 40% of firms had not started planning or had only started planning for the transition in 2021, despite the upcoming December deadline.
Move to acquire the remaining 50% stake in Exane follows BNP Paribas’ major deal with Deutsche Bank to take on its electronic equities and prime brokerage clients.
The component-based solution from Deutsche Bank aims to address challenges across workflow for payments, funding and FX in Asia Pacific markets with capital restrictions.
Shingo Yatsui will run the new entity in Tokyo at BTIG, focusing on building a local team and strengthening the investment banking business.
Firms that are not custody clients of State Street will now be able to access the Fund Connect ETF platform for trading.
Duncan Higgins joins Liberum with Charles Taylor to develop its European equities trading platform, T-REX.
Substantive Research report found European brokers and banks have lost 3,074 years of analyst experience in recent years.
The tool from HSBC will allow asset managers to assess the effectiveness of hedging strategies and will be integrated with the bank’s single dealer platform later this year.
Coalition Greenwich index revealed that headcounts at investment banks dropped while revenues hit the highest in over a decade during the year.
The new capability is the next step in State Street’s goal to encourage buy-side clients to participate in peer-to-peer trading activities in the securities finance market.