The new joint venture will combine Bernstein Research Services with Societe Generale's equity research and execution capabilities to form a global cash equities and equity research business
The past week saw appointments from B2C2, BlackRock, SocGen, State Street, Sterling Trading Tech and Northern Trust.
Incoming trader has served in equity and derivatives trading roles for 15 years collectively at Societe Generale, BNP Paribas, Newedge, Credit Suisse, OBBO BHF and Groupama AM.
New futures contract will facilitate the reallocation of assets from the CAC 40 index to its ESG equivalent; it has been supported by BNP Paribas and Société Générale.
Integration follows a Series A funding round for Saphyre that took place earlier this year and saw it raise $18.7 million from the likes of JP Morgan and BNP Paribas.
The bank faces a €3.1 billion ($3.38 billion) hit from exit of banking and insurance activities.
The investment manager bought €3 million euros of European Investment Bank (EIB) unsecured bonds in security tokens on the public blockchain Ethereum.
New global head of fixed income and currencies institutional sales originally joined Société Générale in 2001 in a derivatives sales role.
Following an incubator programme, the bank plans to implement Opensee’s platform for its liquidity and risk-weighted assets (RWA) calculations.
New head, formerly of Société Générale Corporate and Investment Banking, brings 35 years’ industry experience to big xyt.