LoopFX launches as live FX liquidity network integrated with State Street’s FX Connect
The TRADE
JULY 31, 2025
million investment in LoopFX, to support the firm’s trading and price discovery innovations into the FX markets.
Asset Management Banking Capital Market 
MetLife IM set to acquire investment teams managing $6 billion from Mesirow
The TRADE
JANUARY 10, 2025
MetLife Investment Management (MIM) has reached a definitive agreement to acquire three investment teams and assets managed by Mesirow, an independent financial services firm. Nearly $6 billion of assets managed by the acquired team will transfer to MIM, under the terms of the transaction.
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Goldman's top trades for this upcoming earnings season
CNBC: Investing
JULY 12, 2025
To be exact, 35 S & P 500 companies and six in the Dow Jones Industrial Average are set to report next week, including two of the largest banks in the country, JPMorgan and Citigroup , both of which report before the market opens on Tuesday. Financial services provider State Street Corp.,
Cboe Clear Europe gets regulatory green light to launch securities financing transactions clearing
The TRADE
NOVEMBER 25, 2024
Cboe Clear Europe has received regulatory approval to clear European Securities Financing Transactions (SFTs), granted by De Nederlandsche Bank (DNB) and the Autoriteit Financiële Markten (AFM). The concept of central clearing of SFTs is not new and has been tried before with varying degrees of success.
Trader of the Year Hedge Fund: Conversant Capital’s David Alfred
The TRADE
JANUARY 22, 2025
I spent the first 20 years of my career at the global bulge bracket banks, first in investment banking and then on the institutional equity desks, in a cross-asset and special situations role. I was there through 2015, then Bank of America, before I joined Conversant Capital in early 2021. It’s been busy.
Kepler Cheuvreux and Halo Investing unveil strategic partnership to expand Middle East structured products access
The TRADE
AUGUST 5, 2025
Together, we can offer our clients in the Middle East a seamless experience, with enhanced access to tailor-made investment solutions.”
Over the last two years 87% of companies have increased investment in the cloud, finds report
The TRADE
JULY 14, 2025
As capital markets have continued to evolve at a rapid pace – with increased regulatory scrutiny showing no sign of let up – 87% of companies have increased their investment in the cloud over the last two years, according to a recent report by the London Stock Exchange Group.
People Moves Monday: RBC, Amundi, Siebert Williams Shank and more…
The TRADE
JUNE 9, 2025
His most recent position at the firm was as managing director, leading the iShares EMEA equity product strategy team. Banque, Banca Commerciale, and Lugano Espirito Santo Investment Bank.
People Moves Monday: Morgan Stanley Investment Management, Legal & General Investment Management, Goldman Sachs and more…
The TRADE
JULY 14, 2025
Previously in his career, he spent nearly eight years at 7IM in a data and documentation administration role and later as a senior multi-asset trader. Bank of America Merrill Lynch Paul Kilfoy has joined Bank of America Merrill Lynch as director, senior sales trader.
Former UBS outsourced trading business development lead joins Marex
The TRADE
JULY 15, 2025
UBS was one of the largest outsourcing firms by number of clients, with the bank reportedly having had around 100 clients. Having worked closely with hedge funds, asset managers and family offices, he has a clear understanding of what clients need from a trading partner.
AI? Patience young grasshopper
The TRADE
NOVEMBER 13, 2024
Artificial intelligence (AI) and innovation have become synonymous in recent times, with the promise of more efficiency than ever before without breaking the bank clearly proving too good to resist. But what does the persistent evolution of AI mean for capital markets specifically?
Liquidnet taps State Street for head of CEEMEA equity markets
The TRADE
JULY 8, 2025
In his new role, Fidance will be based out of London, where he is set to expand access new markets and liquidity, and enhance product and distribution as well as engagement with local and international asset managers.
SIX launches new data offering for global fixed income markets
The TRADE
APRIL 29, 2025
SIX has launched a new data offering to enhance coverage, reliability and pricing flexibility for the global fixed income markets. The provider has said that the offering will give clients access to data for 3.6
New Home Co. Completes Acquisition of Landsea Homes Corporation
Global Newswire by Notified: M&A
JUNE 25, 2025
Morgan Securities LLC, RBC Capital Markets, Vestra Advisors, and Wells Fargo served as financial advisors to New Home. About Apollo Apollo is a high-growth, global alternative asset manager.
Fireside Friday with… Nasdaq’s Valerie Bannert-Thurner
The TRADE
JUNE 6, 2025
Why has cloud adoption across capital markets picked up so much in the last few years? If you think about the evolution of markets, both where they are today and how they compete, operational resilience is the absolute top concern, but resilience is also function of their wider ecosystem as well.
Major investment banks and asset managers partake in landmark blockchain pilot
The TRADE
MARCH 12, 2024
Digital Asset’s blockchain network Canton has completed a pilot involving a large group of major investment banks and asset managers demonstrating interoperability of independent distributed ledger applications (dApps) in the capital markets domain.
DWS Group’s global head of capital markets leaves the business
The TRADE
FEBRUARY 28, 2024
The global head of capital markets at German asset manager DWS, Keshava Shastry, has left the business, according to two people with knowledge of the matter, The TRADE can reveal. Keshava Shastry Shastry, a managing director based in London, had been with the German firm for over ten years.
People Moves Monday: UBS, MEAG, Northern Trust Asset Management and more…
The TRADE
JUNE 24, 2024
UBS appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. Before joining MEAG, Malakis held senior sales positions with international asset managers, including Generali Insurance, Vanguard International and Schroders.
People Moves Monday: RBC, UBS, Balyasny Asset Management and more…
The TRADE
OCTOBER 2, 2023
James Hilton was appointed multi-asset managing director in RBC’s low touch team, joining from Credit Suisse, where he had been serving as head of sales for EMEA for the bank’s advanced execution sales (AES) team. Prior to joining Credit Suisse in 2006, Hilton spent six years at UBS Investment Bank as a director.
People Moves Monday: Goldman Sachs Asset Management, Liquidnet, Trumid and more…
The TRADE
FEBRUARY 26, 2024
Ryan O’Connor left Goldman Sachs Asset Management and is set to join ETF provider Global X ETFs as chief executive on 8 April. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management back in 2017 to build out the US fund strategist model portfolio business.
People Moves Monday: UBS, Titan Asset Management, IEX Group and more…
The TRADE
JUNE 10, 2024
Previously in his career, he served as head of equity trading for Asia Pacific at Deutsche Bank and Deutsche Bank Securities for two years and 13 years, respectively. Alex Livingstone, formerly head of trading for ETFs and FX at Titan Asset Management, joined Titan Investment Solutions as a junior portfolio manager and trader.
People Moves Monday: Investec, BMO Capital Markets and BNP Paribas AM
The TRADE
APRIL 29, 2024
He originally joined Liberum eight months ago from Numis Securities – now Deutsche Numis, following its acquisition by the bank last year. Joe Wald, BMO Capital Markets’ managing director and co-head of electronic trading left the bank, departing after four years in his most recent role, according to an update on his social media.
Over a third of asset managers are planning to renegotiate fees with vendors to lower costs
The TRADE
JUNE 27, 2023
Asset managers are turning to third party vendor relationships as a means of reducing costs, a report from Northern Trust and Coalition Greenwich has found. Around 37% of the 151 asset managers surveyed by Northern Trust confirmed plans to renegotiate fees with vendors to reduce costs and increase efficiencies.
People Moves Monday: Northern Trust, Lloyds Bank North America and more…
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. He originally joined the bank in 2006 in a securities lending role. Pictet Asset Management appointed Jade Beckmann as an equity trader.
FIS acquires post-trade platform Torstone Technology
The TRADE
FEBRUARY 27, 2024
The deal will further bolster FIS’ capital markets technology offering, having acquired SunGard in a major deal back in 2015. trillion asset manager Franklin Templeton outsourcing its entire global transfer agency (TA) operations to FinTech FIS.
Deutsche Bank set to expand investment banking remit in South Korea
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. It also provides asset management services to its South Korean clients through Deutsche Bank subsidiary, DWS.
How Merchant Banks Help Businesses Grow and Succeed
Razorpay
AUGUST 9, 2023
Regular individuals have retail banks. Huge corporations have investment banks. 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? billion).
People Moves Monday: BNY Mellon, BlackRock, Tourmaline Partners and more…
The TRADE
MARCH 11, 2024
BNY Mellon made two key senior managing director hires into its fixed income and equity sales and trading businesses. Gould joined BNY Mellon after three years at RBC Capital Markets where she previously served as co-head of equities electronic sales and trading.
People Moves Monday: SSGA, Clear Street, BTIG and more…
The TRADE
JULY 15, 2024
Previously in his career, Paparella ran the institutional structured products Latin America desk for RBC Capital Markets. He also previously served as managing director at both American Express Bank International and Deutsche Bank, Argentina. Before that, she co-founded Vicenda Asset Management in Zug, Switzerland.
People Moves Monday: Musical chairs
The TRADE
JULY 24, 2023
RBC Capital Markets appointed Giles Gleave and Mike Heraty as its newest managing directors, according to an internal memo seen by The TRADE. Before that, he worked at Bank of America for 11 years, most recently as head of North American equity client solutions sales and structuring.
People Moves Monday: Bloomberg, RBC BlueBay AM, LSEG TORA and more…
The TRADE
JANUARY 8, 2024
RBC BlueBay Asset Management equity trader, Michael Tamou, left the asset manager to join Qube Research & Technologies (QRT). He originally joined the asset manager as an investment operations analyst in 2020. Throughout his career Jenkins has also worked at SWIFT, Macgregor, and AXA Investment Managers.
People Moves Monday: BlackRock’s Aladdin, London Stock Exchange, Bank of America…
The TRADE
SEPTEMBER 18, 2023
Grasso joined FlexTrade last year after three and a half years at Bloomberg, also with a buy-side OMS focus, most recently serving as an account manager for its AIM solution. Previously he also served across ANIMA Asset Management and Mediobanca.
The TRADE’s most read stories of the year part one: Major acquisitions, senior appointments and exchange outages
The TRADE
DECEMBER 27, 2023
The acquisition was completed earlier this month, with operations acquired set to be rebranded as Marex Prime Services and Market Outsourced Trading, with both becoming part of the Marex Capital Markets business (formed last year following the acquisition of ED&F Man Capital Markets). He will report to Blatch.
People Moves Monday: Redburn Atlantic, LGIM, DWS and more…
The TRADE
MARCH 4, 2024
Atkins joined Redburn Atlantic in 2004 as a sales trader having previously served for eight years at Morgan Grenfell and two years at Marathon Asset Management. The global head of capital markets at German asset manager DWS, Keshava Shastry, has left the business, according to two people with knowledge of the matter.
The TRADE’s most read stories of the year part two: A string of leadership changes
The TRADE
DECEMBER 28, 2023
At the time, the Swiss National Bank said that the takeover provided a solution “to secure financial stability and protect the Swiss economy in this exceptional situation”. This time being the internal promotion from Northern Trust for its new head of global foreign exchange within its capital markets business.
How do Banks Make Money? Explanation, Examples
Peak Frameworks
OCTOBER 30, 2023
While the term "bank" may conjure a monolithic image, the reality is far more nuanced. The world of banking can be broadly divided into: Retail Banks: Think of your local branch where you have your checking and savings accounts. For example, Wells Fargo and Bank of America are giants in this space. interest annually.
The results so far: Equities rebounding as market stays primed for continued macro uncertainty
The TRADE
APRIL 15, 2024
Across the board banks have reported increasingly positive equities performances, a notable development following turbulent recent times. Jane Fraser While equities performance either grew or remained flat across the sell-side, the banks posted less impressive growth in fixed income, however. year on year (up 47.9%
BNY Mellon combines market offerings through Global Markets Trading integration
The TRADE
MAY 15, 2024
BNY Mellon has today announced the integration of Global Markets Trading (GMT), which will combine the firm’s capabilities in foreign exchange, fixed income, equities and capital markets to provide full-service client provisions.
Three Ways Institutional Investors Could Increase RPA Success
Accenture Capital Markets
SEPTEMBER 5, 2023
In large banks and insurers, individual departments are usually large enough to justify creating their own support teams. Institutional investors usually have narrower operations than banks or insurers. The post Three Ways Institutional Investors Could Increase RPA Success appeared first on Accenture Capital Markets Blog.
People Moves Monday: J O Hambro Capital Management, Ninety One, Credit Suisse and Capital Group
The TRADE
OCTOBER 23, 2023
and Lloyds Banking Group, before joining J O Hambro in 2018. Asset manager Ninety One promoted from within for its new deputy global head of trading and head of trading for South Africa. De Kock has held the position since 2010 and his next role is so far unconfirmed. He will report to Blatch.
Race for Europe’s first ‘real-time’ stock trade tape heats up
Global Banking & Finance
MAY 7, 2024
Race for Europe’s first ‘real-time’ stock trade tape heats up By Huw Jones LONDON (Reuters) – Banks and asset managers are vying with Europe’s exchanges to develop technology that can deepen the pool of investors in the continent’s capital markets and better compete with Wall Street.
People Moves Monday: Matrix Executions, Broadridge and CLSA
The TRADE
DECEMBER 4, 2023
Justin Llewellyn-Jones, head of capital markets, North America (equities, FX and derivatives) and chief product officer for capital markets at fintech firm Broadridge announced his departure after more than four years with the business. He began his career as a fixed income support analyst at JP Morgan.
People Moves Monday: Jefferies, Marex and Stifel
The TRADE
APRIL 8, 2024
Previously in his career, Siegel served as head of European credit sales and trading at MUFG, as well as head of investment grade credit trading at RBC Capital Markets. Other previous tenures include credit trading roles at both Barclays Investment Bank and Credit Suisse.
Is Singapore set to become the next major trading hub?
The TRADE
OCTOBER 27, 2023
As part of a major scheme from the Monetary Authority of Singapore (MAS) to develop the region as a global FX trading hub, several large banks over the last few years agreed to develop FX pricing and trading engines in Singapore, in partnership with MAS.
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