The TRADE

NOVEMBER 27, 2024

Conary’s capital markets career spans four decades, with his retirement paving the way for Kezar Markets’ continued growth plans. Elsewhere in his career, Miele held trading and financial services positions at organisations such as Fidelity Capital Markets and the Boston Stock Exchange.

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The TRADE

AUGUST 1, 2024

The London Stock Exchange Group (LSEG) achieved a strong H1 according to results released on Thursday, with growth across capital markets, data and analytics, post-trade and its index business. “We In April, Tradeweb announced the acquisition of ICD, a cash management platform for corporate treasurers.

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The TRADE

JUNE 3, 2024

Societe Generale has moved to bolster its equity capital markets (ECM) offering in the US with the addition of three new individuals, according to an internal memo seen by The TRADE. The post Societe Generale Americas expands equity capital markets team with three new hires appeared first on The TRADE.

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The TRADE

SEPTEMBER 12, 2024

The TRADE is delighted to announce the first batch of shortlists for the upcoming Leaders in Trading New York Awards ceremony set to take place in November. So, without further a due, it gives The TRADE great pleasure to announce the following awards shortlists for Leaders in Trading New York 2024!

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Mergers and Inquisitions

OCTOBER 18, 2023

Even though we’ve covered industry groups vs. product groups and teams such as M&A , ECM , DCM , and Leveraged Finance , we continue to get questions about capital markets vs. investment banking. The questions usually go like this: Are capital markets teams (ECM, DCM, and LevFin) “real” investment banking?

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The TRADE

JANUARY 22, 2025

What has your journey to the trading desk been like? I was there through 2015, then Bank of America, before I joined Conversant Capital in early 2021. I was there through 2015, then Bank of America, before I joined Conversant Capital in early 2021. I oversee the capital markets function and I assist in origination.

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The TRADE

AUGUST 21, 2023

Smith brings more than 30 years’ experience in the capital markets sector to the role, having worked in various exchanges and regulators, alongside helping develop market and industry standards. He joins from ED&F Man Capital Markets, a company he founded.

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Cooley M&A

JANUARY 19, 2023

The Inflation Reduction Act imposes a 1% excise tax on certain repurchases of stock of publicly traded US corporations (“Covered Corporations”) effected after December 31, 2022 (the “Excise Tax”). [1] This post highlights key guidance from the Notice as it relates to common M&A and capital market transactions.

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The TRADE

OCTOBER 2, 2023

RBC appointed two former Credit Suisse senior algorithmic trading individuals to join its low touch electronic sales and trading team. Also appointed to the low touch sales and trading team at RBC is Suzanne Webster, who joined as a multi-asset director. He joined from Luminex where he most recently served as head of sales.

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Global Newswire by Notified: M&A

NOVEMBER 27, 2024

The combined company will operate under the name Real Messenger Corporation and is set to begin trading on Nasdaq under the ticker symbols “RMSG” and “RMSGW” on November 20, 2024.

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The TRADE

MARCH 18, 2024

BTIG made two key appointments including promoting Troy Donohue to head of Americas portfolio trading and hiring Henri Taylor as director within electronic trading sales. Elsewhere, Taylor brings over 20 years’ experience in electronic trading sales to the firm. Citi appointed Chris Metivier as a credit derivatives trader.

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The TRADE

JUNE 17, 2024

Over the past year, FINBOURNE has secured new clients across global investment management, banking and capital markets which it serves including Northern Trust, Omba Advisory and the Pension Insurance Corporation (PIC). The post FINBOURNE Technology raises £55 million in Series B funding round appeared first on The TRADE.

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Focus Investment Banking

JULY 3, 2024

Upon completion of the merger, TSR became a privately held company controlled by Vienna Parent and Christian, and TSR’s common stock has ceased trading on the NASDAQ Capital Market. “It in its Sale to Vienna Parent Corporation, an affiliate company of BCforward appeared first on FOCUS.

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The TRADE

JULY 17, 2023

RBC Capital Markets has appointed Giles Gleave and Mike Heraty as its newest managing directors, according to an internal memo seen by The TRADE. He will partner with several private side teams, such as: European solutions, equity capital markets and global investment banking, according to the internal memo.

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The Deal

DECEMBER 19, 2023

The number of such transactions, or “corporate separations” as Dubner calls them, reached their highest in a decade at 30 global deals in 2022, according to a May report from Goldman and Ernst & Young LLP. ’s split into two publicly traded companies, Kellanova (K) and WK Kellogg Co. KVUE), in May.

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The TRADE

JULY 27, 2023

increase in its overall revenue in the second quarter of 2023 compared to Q2 2022, despite a dip in its corporate and institutional performance and global markets results. Revenue for the corporate and institutional banking area were down 2.3% Revenue for the corporate and institutional banking area were down 2.3%

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The TRADE

MAY 31, 2023

“We’re at the roll-up-your-sleeves, all-hands-on-deck stage,” said Keith Evans, executive director of the Canadian Capital Markets Association (CCMA), who this week highlighted one of the key remaining concerns for the market ahead of next year’s switch to a shortened settlement cycle.

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The TRADE

APRIL 15, 2024

The banks appear to be in agreement that while their posted revenues demonstrate a solid foundation for continued growth, there is no accounting for the increasingly unpredictable nature of the global markets thanks to various macro and socio-economic factors. Fixed income markets revenue was $5.3 year on year (up 47.9%

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The TRADE

OCTOBER 9, 2023

Sam Hewson – previously global head of digital FX solutions and EMEA head of corporate sales and solutions (CSS) – was appointed global head of FX sales, according to an internal memo seen by The TRADE. Elsewhere, Jamie Mortimore is set to re-join Citi to lead the newly formed global rates algo trading team.

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The TRADE

OCTOBER 13, 2023

The transaction is the next step in Deutsche Bank’s Global Hausbank strategy, which aims to unlock deeper engagement with corporates in the UK. The transaction – first reported on back in April – was previously valued at £410 million according to documents seen by The TRADE.

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The TRADE

APRIL 3, 2024

The Bank of England (BoE) and the UK Financial Conduct Authority (FCA) are working together to operate a new Digital Securities Sandbox (DSS) – a regime that will allow firms to use developing technology in the issuance, trading and settlement of securities. The DSS is expected to open applications in the summer of 2024.

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The TRADE

JUNE 4, 2024

According to the survey conducted by DTCC across 83 sell-side institutions, daily activity on its Fixed Income Clearing Corporation (FICC) will see an increase of $4 trillion as a result of the regulatory change – thanks in large part to new stipulations around mandatory central clearing.

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The TRADE

JULY 31, 2023

Deutsche Bank has re-entered the local DCM in South Korea as it expands its investment banking capabilities in the region in a bid to support its local clients in accessing global debt capital markets. The post Deutsche Bank set to expand investment banking remit in South Korea appeared first on The TRADE.

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The TRADE

AUGUST 14, 2023

The newly merged transatlantic broker, Redburn Atlantic, will be headquartered in London, offering clients broader research coverage, corporate access and research sales alongside agency execution capabilities. The combined teams will consist of more than 90 research analysts, 43 distribution and 14 corporate access professionals.

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The TRADE

APRIL 2, 2024

Read more – AllianceBernstein and Societe Generale to partner on cash equities push Bernstein will provide institutional investors, corporates and financial institutions with investment insights into North America, European and Asia Pacific equity markets, alongside liquidity access and global trading technology.

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The TRADE

FEBRUARY 13, 2024

The deal builds on an existing relationship between the pair, with KKPS already using Nasdaq’s Trade Surveillance technology. Nasdaq’s platform provides a live view of risk across proprietary and client trading portfolios – new functionality added at the start of Q2 last year to help traders manage extreme market conditions.

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The TRADE

JULY 15, 2024

Rikki Corbyn left State Street Global Advisors (SSGA) following 11 and a half years with the firm, The TRADE learnt. Following his departure he is set to join Barclays Capital. Prior to his time at SSGA, Corbyn held settlement-related roles at Credit Suisse, Citigroup, and Barclays Capital.

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The TRADE

SEPTEMBER 15, 2023

The post Broadridge to combat reconciliation and data integrity challenges with new solution BRx Match appeared first on The TRADE. Following the acquisition of the data, a range of matching engines can be utilised to obtain the optimum output.

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The TRADE

JANUARY 4, 2024

The firm’s most recent report refers to previous research in its ‘data automation: the workflow efficiency game-changer’ studywhich found that less than one third of those surveyed believed that capital markets professionals are prepared for the T+1 go-live date. Reducing counterparty risk for swaps contracts is a no-brainer.

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The TRADE

OCTOBER 13, 2023

Read more – Citi reports double-digit Q2 decline in investment banking and markets revenue Treasury and trade solutions posted its best quarter in a decade for Q3 2023 results, while services was the fastest growing business according to the results, increasing by 12%.

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The TRADE

AUGUST 28, 2023

Northern Trust promoted Dane Fannin as its new head of global foreign exchange (GFX)and securities finance within its capital markets business. Prior roles include four years as director of G10 and emerging markets FX at Dankse Bank, as well as director and FX trader at Societe Generale.

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The TRADE

APRIL 26, 2024

Head of execution strategy and an electronic sales trader at Liberum are set to up sticks to join Investec, The TRADE can reveal. The new desk is Investec’s first low touch offering based in London and comes off the back of increased client demand, The TRADE understands. Liberum declined to comment on the moves.

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The TRADE

SEPTEMBER 25, 2023

Previously in his career, he served as president and chief executive of TD Ameritrade Holding Corporation for eight years and as vice chairman of TD Bank Financial Group. Also appointed to the electronic trading team at Peel Hunt alongside Vallonthaiel is Vinesh Chhaya, who joins the unit as a senior sales trader.

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The TRADE

MARCH 15, 2024

Tokenisation can bring many benefits to nearly every corner of the financial markets. It can help facilitate efficient capital management, optimising operations like corporate actions, distribution, lending, and pricing through automation. It can give firms access to new markets and new ways of unlocking liquidity.

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Razorpay

AUGUST 9, 2023

Huge corporations have investment banks. Portfolio Management Merchant banking companies provide portfolio management services to high -net-worth individuals and corporate investors. Loan Syndication Merchant bankers help arrange funds for large corporate borrowers by syndicating loans from multiple lenders.

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The TRADE

FEBRUARY 5, 2024

Abhay Kumar Sinha was named co-head of credit trading, Asia Pacific at Barclays, set to lead the credit business alongside James Roberts. He also led Deutsche Bank’s corporate financing business in India and contributed heavily to the development of the bank’s structured finance business across south and southeast Asia.

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Accenture Capital Markets

JANUARY 22, 2024

But whatever commitments were made by governments and corporations alike (e.g., Investor appetite for such investments is rapidly increasing, as banks, asset managers and large corporates all seek ways to invest in sustainability. However, every green bond faces the fundamental challenge described above: proving it’s actually green.

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