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Daiwa Capital Markets Europe selects former Jefferies MD for new head of equities

The TRADE

Jefferies’ managing director and head of US equity distribution in Europe, Guy Trust, has left the bank after nearly a decade to join Daiwa Capital Markets Europe, The TRADE can reveal. The post Daiwa Capital Markets Europe selects former Jefferies MD for new head of equities appeared first on The TRADE.

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JP Morgan fined almost $350 million for reporting inadequacies across ‘billions of instances of trading activity’

The TRADE

JP Morgan Chase & Co has been issued with almost $350 million worth of fines and civil money penalties for inadequacies in its firm and client trade reporting program between 2014 and 2023. Issued on 14 March, the $98.2 The Federal Reserve Board’s additional enforcement action of $98.2

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People Moves Monday: Goldman Sachs Asset Management, Liquidnet, Trumid and more…

The TRADE

O’Connor has also previously held senior positions at State Street Global Advisors during his ten-year tenure, where his responsibilities included leading “a diverse cohort of product and capital markets teams for the SPDR ETF franchise”.

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People Moves Monday: Bloomberg, RBC BlueBay AM, LSEG TORA and more…

The TRADE

Jefferies’ managing director and head of US equity distribution in Europe, Guy Trust, left the bank after nearly a decade to join Daiwa Capital Markets Europe. Prior to joining Jefferies, he spent just under a decade at Morgan Stanley as an executive director covering US equity sales in London and Scandinavia.

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Regulators to add block trading to mutual market access programme between mainland China and Hong Kong

The TRADE

The initiative to enhance Stock Connect, announced last Friday, will increase the amount of available trading mechanisms, enhance trading efficiency, and promote the development of both capital markets. The block trading arrangements are set to be based on existing operational models and regulations.

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People Moves Monday: Your weekly update

The TRADE

HSBC’s head of artificial intelligence (AI) for markets and securities services, Ash Booth, has departed for rival bank JP Morgan. Booth joined JP Morgan as applied AI lead for markets operations after spending the last nine years with HSBC in data science roles. Gould’s next role is not yet confirmed.

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The Top Insurance Agency Investment Banks of 2024

Sica Fletcher

For owners who are considering taking their companies to market, we have also included their average deal value and a list of specialized services they provide to help them determine the best possible fit. This feat is all the more impressive given their relatively small size when compared to some other investment banks on this list.