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He also brings more than 28 years of experience covering markets and debtcapitalmarkets (DCM) to his new role. Read more – Citi expands Asia FX markets team with JP Morgan hires The new role comes following a string of Citi hires in the past year.
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.
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 debtcapitalmarkets. The post Deutsche Bank set to expand investment banking remit in South Korea appeared first on The TRADE.
This acquisition further expands our growing distribution network by over 500 clients, including banks, insurance companies, private debt funds, mutual funds and private wealth managers,” said Anthony Di Ciollo, global head of fixed income at StoneX. It specialises in bond and convertible sales, debtcapitalmarkets and credit research.
The transaction – first reported on back in April – was previously valued at £410 million according to documents seen by The TRADE. The post Deutsche Bank completes acquisition of Numis appeared first on The TRADE.
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.
Citi Citi’s results also painted a clear picture when it came to its trading state of play. While overall markets revenues decreased 7% to $5.4 The post The results so far: Equities rebounding as market stays primed for continued macro uncertainty appeared first on The TRADE. year on year (up 47.9%
Example of Merchant Banking In 2021, merchant bank Avendus Capital helped the Indian company Piramal Enterprises acquire the debt-ridden assets of Dewan Housing Finance Corporation (DHFL) for ₹34,250 crore ($4.4 What is the role of merchant banks in the capitalmarkets?
You’ll learn about the trade-offs of Singapore and other locations in this article. The basic difference is that the international bulge bracket banks tend to be stronger in M&A advisory and weaker in equity and debtcapitalmarkets. If you’re in the first group, congrats!
StoneX Group is set to acquire The Benchmark Company, aiming to strengthen its offerings in equity and debtcapitalmarkets. The Benchmark Company is a full-service investment banking firm which offers a sales and trading platform, equity research, and an investment banking team.
Fidelity Internationals head of debtcapitalmarkets for EMEA is set to leave the buy-side firm, The TRADE can reveal. He assumed his most recent role as head of debtcapitalmarkets for EMEA in 2022. in emerging markets roles and two and a half years at Bear Stearns International Trading.
Liontrusts chief commercial officer and former head of trading, Matt McLoughlin, left the UK-based asset manager after 10 years, The TRADE revealed. His departure followed news broken by The TRADE in January that Liontrust was exploring outsourcing its trading to BNY.
Octo Finances specialises in bond and convertible sales, debtcapitalmarkets, and credit research, serving clients including: banks, insurance companies, private debt funds, mutual funds, and private wealth managers. ” The post StoneX picks up fixed income brokerage Octo Finances appeared first on The TRADE.
Senior equities trader for EMEA, Georgina Flynn, is set to leave Fidelity International, The TRADE can reveal. Flynn has an extensive career to date in trading, having spent the last eight and a half years at Fidelity. Previously in her career, she also undertook a sales trading internship at Sanford C.
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