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Prime Brokerage
RBS Selects Amsterdam for its EU Trading Base and NatWest Markets Hub
2017-08-04T12:55:16.000+02:00
Amsterdam could be the new go-to destination for banks looking to get ahead of Brexit.
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Prime Brokerage
Banking Industry Eyeing Transition Price Tag of $50b as Brexit Looms
2017-08-01T12:10:00.000+02:00
The banking industry could require upwards of $50b in additional costs to install new units and HQs within the bloc.
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MUFG Breaks Rank with Other Japanese Banks, Eyeing Amsterdam as EU Hub
2017-07-31T10:43:56.000+02:00
With Brexit looming, MUFG is focusing on Amsterdam as its new EU headquarters.
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Payments
Blackstone Group Consortium Makes Strong Bid for Paysafe
2017-07-24T19:22:37.000+02:00
The firm joins the race to acquire payments firms, bidding $3.71 billion as customers move from cash to mobile wallets.
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Brokers
SaxoTraderGO Rolling Out P/L Update, Reduced CFD Spreads for UK Clients
2017-07-24T12:03:31.000+02:00
Saxo Bank will be reducing spreads on the UK100 as well as launching new P/L functionality.
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Payments
Paysafe Makes Splash in US Market, Buying Merchants’ Choice Payment Solutions
2017-07-21T09:14:54.000+02:00
Paysafe has bought Merchants’ Choice Payment Solutions for $470m as share prices hit an all-time high.
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Analysis
Over 40% of UK Businesses’ Investment Plans Negatively Affected by Brexit
2017-07-20T08:52:13.000+02:00
Brexit uncertainty looms over many UK businesses with investment confidence and outlooks taking a sizable hit.
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Executive Moves
BTIG Continues Hiring Spree as Simon Martin Joins London Equities Team
2017-07-19T18:51:29.000+02:00
Martin comes over from Barclays to strengthen the group's London-based institutional unit.
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Prime Brokerage
Citigroup Becomes Latest US Bank to Choose Frankfurt for EU Base
2017-07-18T19:14:11.000+02:00
Citigroup will see between 150 and 250 roles in Frankfurt as the group moves forward with its post-Brexit agenda.
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Regulation
FXCM Draws Lawsuit from Retired Teacher over $460k in Cancelled Trades
2017-07-18T17:15:00.000+02:00
Was Daniela Shurbanova a front for her banned husband?
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Regulation
UK’s FX ‘Cartel’ to Stand Trial in US – Bail Set at Upwards of $1M
2017-07-17T11:41:51.000+02:00
Richard Usher (JPMorgan) Rohan Ramchandani (Citigroup), and Chris Ashton (Barclays) will stand trial today.
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Brokers
Investment Trends: UK CFD Trader Numbers Swell to 148,000
2017-07-17T11:07:49.000+02:00
According to the research firm, IG Group continued to hold top spot in market share.
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Executive Moves
Credit Suisse Adds Antonia Rowan to its UK Advisory and Corporate Broking Team
2017-07-14T13:31:12.000+02:00
Ms. Rowan comes over from Jefferies and will be serving a key role in the group's recently established unit.
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Prime Brokerage
Could Regulators Force US Lenders Out of the UK?
2017-07-13T08:31:00.000+02:00
EU regulators wield all the power that will decide the fate of US banking personnel operating in the UK ahead of Brexit.
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Prime Brokerage
UBS’ Sergio Ermotti Floats Frankfurt as Destination for Bank’s London Jobs
2017-07-12T11:05:29.000+02:00
"I think Frankfurt is a location of choice. There are different, other locations that could come into consideration.”
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Regulation
UCITS Funds Face Regulatory Crackdown in EU, Spurred by Brexit
2017-07-06T10:44:38.000+02:00
Letterbox entities are being targeted in a new regulatory shakeup, which collectively hold up to $10.3 trillion in assets.
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Prime Brokerage
Deutsche Bank Shores Up Brexit Plans, Installing Frankfurt Booking Office
2017-07-06T08:21:19.000+02:00
Deutsche Bank's Brexit contingency plans are finally starting to materialize.
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Blogs
Brexit and Capital Markets – the Unknowns, the Location and the Technology
2017-07-06T07:41:05.000+02:00
Because the situation surrounding Brexit is so unclear, it’s impossible to address potential issues with any certainty.
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Guest Contributors Institutional
Regulation
FCA Regulatory Shakeup Sees Asset Managers Emerge Largely Unscathed
2017-07-05T13:12:22.000+02:00
New regulations lead to winners and losers in the £7 trillion UK asset management industry.
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Prime Brokerage
Sumitomo Mitsui Relocating EU Operations to Frankfurt as Brexit Looms
2017-07-05T07:55:04.000+02:00
SMFG joins Nomura and Daiwa Securities in making Frankfurt its EU hub.
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Regulation
UK Government Goes After Scottish Limited Partnerships to Curb Fraud
2017-06-26T08:57:32.000+02:00
Allegations of fraud, organized crime, money laundering, and tax haven abuse have resulted in new laws for SLPs.
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Prime Brokerage
Morgan Stanley Likely to Move EU Headquarters to Frankfurt Amidst Brexit
2017-06-26T07:47:50.000+02:00
Morgan Stanley is close to choosing Frankfurt as its EU hub ahead of Brexit.
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Executive Moves
AxiTrader Secures Paul Kiff as its Global Head of Trading
2017-06-23T12:04:31.000+02:00
Kiff joins AxiTrader from GKFX to oversee and steer its global Trading Desk operations.
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Brokers
GMO Click’s Z.com Trade Incurs £1.8m Financial Loss in 2016
2017-06-23T11:27:26.000+02:00
A decreased headcount and expenses helped Z.com Trade improve its financial results, despite seeing a yearly loss.
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Prime Brokerage
Nomura Finalizing Relocation Plans to Frankfurt for Life After Brexit
2017-06-22T10:55:41.000+02:00
Nomura has chosen Frankfurt as its new EU base, seeking regulatory approval and office space.
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Next
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