Hedge fund managers and commodity trading advisers expressed dissatisfaction with their prime brokers’ inability to offer technology solutions, according to a recent survey conducted by I.A. Englander Managed Accounts & Prime Services (MA&PS).
Goldman Sachs announced $340 million in revenue for its securities services division in Q3 2013, a decline of $36 million from the previous quarter and $52 million year-on-year...
Beatrice O’Carroll has joined Citi as a senior sales and client relationship manager responsible covering clients in the Americas for the securities finance group...
Satvinder Singh, Deutsche Bank’s global head of trust and securities services and cash management financial institutions, has been appointed to the board of directors of Euroclear and Euroclear SA/NV...
22 October 2013New York and Toronto Reporter: Georgina Lavers
BNY Mellon and CIBC Mellon have merged their securities lending desks in a move that will make BNY Mellon’s securities finance business one of the largest providers of lending services in the world...
Lending revenue in Q3 2013 for Northern Trust declined by 5 percent year-on-year, and 27 percent sequentially due to the seasonally high second quarter...