This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Association for Financial Markets in Europe (AFME) has appointed April Day head of capitalmarkets. As part of the role, she oversaw equity capitalmarkets (ECM), trading and post-trade activities. She also brings extensive experience in investmentbanking and capitalmarkets to the new role.
Jefferies’ managing director and head of US equity distribution in Europe, Guy Trust, has left the bank after nearly a decade to join Daiwa CapitalMarkets Europe, The TRADE can reveal. The post Daiwa CapitalMarkets Europe selects former Jefferies MD for new head of equities appeared first on The TRADE.
Digital Asset’s blockchain network Canton has completed a pilot involving a large group of major investmentbanks and asset managers demonstrating interoperability of independent distributed ledger applications (dApps) in the capitalmarkets domain.
Fintech giant FIS has acquired SaaS post-trade platform Torstone Technology, according to multiple sources close to the matter. The deal will further bolster FIS’ capitalmarkets technology offering, having acquired SunGard in a major deal back in 2015.
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 capitalmarkets vs. investmentbanking. The questions usually go like this: Are capitalmarkets teams (ECM, DCM, and LevFin) “real” investmentbanking?
“Investing in Hong Kong’s first-ever digitally native bonds and transacting repo trades with the bonds as collateral has been a smooth process,” said Bryan Wong, general manager and head of treasury markets division of BEA.
I’ve found that two main groups care about investmentbanking in Singapore : Students who are from Southeast Asia and are considering whether they want to work in Singapore, NY, London, or other places. You’ll learn about the trade-offs of Singapore and other locations in this article. If you’re in the first group, congrats!
New York-based independent prime broker Clear Street is set to launch a new investmentbanking business named Strategic Advisory Services. The new business line will offer strategic advisory, transaction and creative capital solutions to emerging growth companies, subject to regulatory approvals.
In an earlier blog , I explored the scale, scope and interrelated nature of the industry-wide disruption facing all participants in today’s capitalmarkets. For example, take new regulatory demands, which have required significant investments and loaded further pressure onto already constrained budgets. What does this mean?
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. Lowres joins Investec as head of electronic trading and execution strategy after almost 17 years with Liberum. Alongside him, Matthew West joins Investec as a global electronic sales trader.
Going forward, Mesirow will continue to focus on growing our alternatives capabilities and core wealth management, fiduciary solutions, and capitalmarkets/investmentbanking offerings, which have over $300 billion in total assets under supervision.
Barclays selected an internal candidate and a new hire from BNP Paribas to become its new co-heads of G10 FX trading. New co-heads Torsten Schöneborn and Jerry Minier will be London-based, reporting to Michael Lublinsky, global head of macro, according to an internal memo seen by The TRADE. His next role is unconfirmed.
Abu Dhabi Securities Exchange (ADX) and HSBC Bank Middle East are collaborating to develop digital fixed income securities, with the aim to broaden capitalmarket use cases in the Middle East. The post HSBC and Abu Dhadi Securities Exchange partner to develop digital fixed income securities appeared first on The TRADE.
What has your journey to the trading desk been like? I spent the first 20 years of my career at the global bulge bracket banks, first in investmentbanking and then on the institutional equity desks, in a cross-asset and special situations role. I oversee the capitalmarkets function and I assist in origination.
Jefferies has appointed Joram Siegel as managing director, head of fixed income outsourced trading. Siegel joins Jefferies from Marex, where he spent the last four months serving as head of fixed income outsourced trading. Other previous tenures include credit trading roles at both Barclays InvestmentBank and Credit Suisse.
Deutsche Bank has re-entered the local DCM in South Korea as it expands its investmentbanking capabilities in the region in a bid to support its local clients in accessing global debt capitalmarkets. In addition, Shinna Oh will join the Seoul-based investmentbanking coverage team, joining from Credit Suisse.
If you have the option to work in finance in different parts of the world, investmentbanking in India should be at the bottom of your list. But the main problem is that winning a “true” front-office investmentbanking role in India is virtually impossible, even if you have outstanding academic credentials and work experience.
(“Cognos”) today announced the engagement of Chardan, a leading global investmentbank, in the role of capitalmarkets advisor to Nocturne in the highly anticipated business combination transaction (the “Business Combination”) with Cognos.
Kerim Acanal, global head of emerging markets, Tradeweb The request-for-market (RFM) protocol will continue to be the next frontier for electronic trading in emerging markets. This is illustrative of the markets’ protocol preferences changing, and RFM proving its worth as an important tool.
Invesco’s US-based global head of fixed income trading Glenn Taitz has left the firm to join Adroit Trading Technologies, The TRADE can reveal. During his time with the asset manager Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong. He was also at Merrill Lynch for eight years.
Edgar Castel is set to join Nordea as an equity trader following almost five years at Candriam, as revealed by The TRADE. Castel was one of The TRADE’s Rising Stars of Trading and Execution in 2023, recognised as a budding buy-side talent in the institutional trading space.
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 CapitalMarket. “It Download this press release as a PDF The post FOCUS InvestmentBanking Represents TSR, Inc.
We look forward to supporting our clients to participate in the Korean FX market both onshore and offshore.” ” Over more than 20 years, State Street has had a local presence in the country, with its Korean entity supporting global clients with trading Korean Won onshore.
Former Northern Trust sales trader Maddy Davies has joined Liontrust as a trader in its multi asset trading team, The TRADE can reveal. Liontrust recently won The TRADE’s multi asset trading desk of the year award in 2022 at Leaders in Trading. Davies joins Liontrust following a two-year stint at Northern Trust.
By Arjun Jayaram, CEO of Baton Systems In the increasingly intricate and fast-moving capitalmarkets landscape, there has never been greater pressure on investmentbanks to streamline and automate their post-trade and operations systems.
Before joining LSEG, Walker worked within JP Morgan Cazenove’s equity capitalmarkets team, where he was responsible for originating and executing equity transactions. Charlie and I share a passion for ensuring that our markets provide companies with efficient access to capital across their lifecycle.
RBC appointed two former Credit Suisse senior algorithmic trading individuals to join its low touch electronic sales and trading team. Prior to joining Credit Suisse in 2006, Hilton spent six years at UBS InvestmentBank as a director. Axis CapitalMarkets appointed Lewis Jones in an institutional sales and trading role.
Bulge Bracket Bank Definition: The “bulge brackets” are the largest global banks that operate in all regions and offer all services – M&A, equity, debt, and others – to clients; they work on the biggest deals (usually $1 billion+) and have divisions for sales & trading , equity research , wealth management , corporate banking , and more.
In January, Panmure Gordon and Liberum agreed to merge and create the UK’s largest independent investmentbank. Read more: Panmure Gordon and Liberum agree merger to create new investmentbanking giant in the UK Ed Husband and Hugo Hewitt join the firm’s US sales team in New York and London, respectively.
RBC CapitalMarkets has appointed Giles Gleave and Mike Heraty as its newest managing directors, according to an internal memo seen by The TRADE. Heraty will report to Sian Hurrell, head of global sales and relationship management and global markets Europe.
Jefferies appointed Joram Siegel as managing director, head of fixed income outsourced trading. Siegel joined Jefferies from Marex, where he spent the last four months serving as head of fixed income outsourced trading. Other previous tenures include credit trading roles at both Barclays InvestmentBank and Credit Suisse.
The transaction – first reported on back in April – was previously valued at £410 million according to documents seen by The TRADE. The new entity is a “leading force in UK investmentbanking and the adviser of choice for UK listed companies,” said Deutsche Bank, with Alex Ham, and Ross Mitchinson having been named co-chief executives.
Read more – Citi reports double-digit Q2 decline in investmentbanking 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%.
This blog explores a practical use case for leveraging such agents in middle and back office operations of investmentbanking. As a result, the middle and back offices of trading firms must ensure that all transactions are accurately recorded, reported, and stored.
Markets & securities services (MSS) revenue saw a lesser decrease, down 2% to $9.2 Moreover, the bank’s overall gross investmentbanking and markets revenue was posted at $913 million, a 4% increase. While overall markets revenues decreased 7% to $5.4 year on year (up 47.9% year on year (up 47.9%
Head of EMEA equity trading at Janus Henderson and markets stalwart, Richard Worrell, is set to leave the institution for a sales role at the London Stock Exchange Group (LSEG). He will join the exchange group as head of secondary markets sales and business development in January 2024, sources have confirmed.
Industry stalwart Dan Hinxman joined Bloomberg as head of European credit electronic trading following almost six years as managing director at TP ICAP. His experience also encompasses hedge fund related roles, including futures and options trading and work on a fixed income desk.
Invesco’s US-based global head of fixed income trading Glenn Taitz left the firm to join Adroit Trading Technologies. Taitz joined buy-side OEMS provider Adroit as its head of business operations after seven and a half years with Invesco helming its fixed income trading business. He was also at Merrill Lynch for eight years.
Crédit Agricole CIB and Kepler Cheuvreux have confirmed the extension of their equity capitalmarkets partnership to encompass the Middle East and North Africa region (MENA). The post Crédit Agricole CIB and Kepler Cheuvreux extend partnership to encompass MENA region appeared first on The TRADE.
Albon has been appointed associate director, senior sales for EMEA electronic trading and program trading, set to join the firm in February next year. She will report to global head of electronic trading and distribution, Jason Rand. She began her career at Newedge in a cash equity trading and sales role.
September 30, 2024 – Solganick , a data-driven investmentbank focused exclusively on software and IT services companies, announced the addition of a senior level hire to launch and lead the firm’s cybersecurity M&A practice. Davidson and Imperial Capital. Michael is based in Los Angeles, CA. “We
During his tenure at Goldman, Esposito served in a variety of roles including operating officer of the investmentbanking division, head of the EMEA financing group, and co-head of the global financing group. Virtu Financial appointed Simon McGhee in an exchange-traded product (ETP) and fixed income sales role.
Regular individuals have retail banks. Huge corporations have investmentbanks. The answer: Merchant banks. Merchant banks are a very important part of the financial ecosystem, since they support the largest chunk of businesses – the mid-sized ones. What is a Merchant Bank?
UK-based investmentbank Peel Hunt appointed former head of electronic and program trading and sales at Numis Securities, Nishad Vallonthaiel, to head up its own electronic trading division. Banque, Banca Commerciale, and Lugano Espirito Santo InvestmentBank.
We organize all of the trending information in your field so you don't have to. Join 38,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content