Morgan Stanley IM global trading head appointed head of US outsourced trading business at UBS
UBS has made two senior trading hires from Morgan Stanley Investment Management as it expands the outsourced trading team in the US.
Tag: Morgan Stanely
BNY Mellon goes live with cleared agent securities lending offering
BNY said the transaction represents a major new route to market for its securities lending clients without the need to set up direct clearing membership.
Buy-side told to expect higher clearing fees
Clearing banks are under increasing pressure from record low interest rates, and may be forced to pass on costs to their end-clients.