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Conary’s capitalmarkets career spans four decades, with his retirement paving the way for Kezar Markets’ continued growth plans. Elsewhere in his career, Miele held trading and financialservices positions at organisations such as Fidelity CapitalMarkets and the Boston Stock Exchange.
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RBC has appointed Guy Chalkley as managing director, UK flow rates sales, according to an internal memo seen by The TRADE. Chalkley brings more than three decades worth of financialservices to the role, in both portfolio management and rates sales. Before joining RBC, Chalkley spent 11 years at NatWest Markets.
Simon Gallagher, chief executive, London and head of global sales, Euronext We think that the introduction of an anonymised, single-level pre- and post-trade consolidated tape will trigger innovations at trading venues. They will need to take the CapitalMarkets Union more seriously and remove the frictional cost of trading between countries.
UBS appointed Carlos Salcedo head of capitalmarkets financing sales Americas, according to an internal memo seen by The TRADE. Effective from 1 September, Salcedo will be based in New York, reporting to Dan Murphy, Americas head of franchise sales. MEAG appointed Lydia Malakis head of institutional sales at MEAG.
He joined Cowen as managing director for fixed income outsourcing in February 2022, transitioning to commodities specialist Marex as part of the sale of Cowen’s outsourced trading and prime brokerage business at the end of last year. Zurich-based Wanner most recently served as executive director – equity sales trading at Morgan Stanley.
As one of the most anticipated awards of the year, the recognition is designed to celebrate those individuals who have made a significant impact on their own organisation and, equally, the industry externally, with a commitment to bettering and future proofing the markets for years to come.
UK-based investment bank 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. Also appointed to the electronic trading team at Peel Hunt alongside Vallonthaiel is Vinesh Chhaya, who joins the unit as a senior sales trader.
To begin, we need to start with a few definitions: Investment Banks: We use the colloquial meaning of “investment banks,” which often includes M&A advisory firms and other financialservices firms that facilitate the growth and sale of insurance agencies around a possible sale.
Dominic Rieb-Smith, managing director, international head, prime servicessales, JP Morgan, refers to the past year as “a standout”. If you look at what those firms need in terms of prime-related services, well, cash PB and synthetics are just the basics. Those are the relatively commoditised parts of the business.
The service provider landscape for outsourced trading is made up of an eclectic mix of firms. Boutique independents and the largest financialservices providers co-exist in this burgeoning space which has some elements of comradery and others of fierce rivalry.
After a period of approximately three to seven years the company would seek an exit, either in the form of a sale to another buyer or a public listing. Time to scale Things were going well, and we needed an injection of capital to support our ambitious growth plans. What is private equity and how does it work?
The pandemic marked a seminal moment across the capitalmarkets, effectively drawing a line between the old world and the new. The more that external, macro and internal pressures steer funds to outsource, the more that investment is being made from service providers – which are growing in numbers.
Its black background and computerised white text might seem a little out of date to individuals outside of the industry but its role in the financialmarkets has cemented this interface as a poster child for financialservices. CLS Coming in at number three is the multi-currency settlement system, CLS.
Summary of: What Buyers Are Looking for in AI and SaaS Company Acquisitions in 2025 As we move deeper into 2025, the M&A landscape for AI and SaaS companies continues to evolve shaped by macroeconomic pressures, shifting capitalmarkets, and the accelerating integration of artificial intelligence across enterprise software.
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