BNP Paribas says Deutsche Bank prime brokerage transition will be finalised by summer 2020
Deutsche Bank hopes the transition will close by end of this year, but BNP Paribas has said it will likely be completed in its entirety by summer next year.
Deutsche Bank hopes the transition will close by end of this year, but BNP Paribas has said it will likely be completed in its entirety by summer next year.
Jason Vitale was formerly group COO for FX and head of client execution services at BNY Mellon.
The new division is the latest in a string of restructuring moves in recent months as Citi looks to streamline its businesses.
Citadel Securities’ Irish subsidiary is the fourth firm to commence trading on SIX Swiss Exchange so far this year.
Investment firms affected by major FX rigging scandal at Barclays, Citi, RBS, JP Morgan and UBS are seeking compensation in the UK.
Slava Slavinsky will lead investment banking in EMEA at Mizuho in a newly created position.
Curt Engler will oversee the regional cash equities execution business in Asia Pacific after nine years with JP Morgan Asset Management.
The new global options trading desk will sit within Northern Trust's institutional brokerage business.
Wematch IRS adds JP Morgan, RBC, HSBC and Societe Generale to dealer-to-dealer platform.
German institution details €3.1 billion net loss in Q2 2019 following initiation of dramatic restructuring plan.