Former Goldman Sachs global markets executive appointed for Pershing operations role
Head of change for global markets at Goldman Sachs joins BNY Mellon’s Pershing as chief operating officer.
Head of change for global markets at Goldman Sachs joins BNY Mellon’s Pershing as chief operating officer.
Over one year since the separation of payments for execution and research was introduced via MiFID II in Europe, Hayley McDowell examines the unintended consequences of unbundling for buy- and sell-side institutions and finds an industry still coming to terms with the change.