Over the coming weeks, vendor Capitolis will be going live with an automated novation service for foreign exchange (FX) transactions that are often manual processes for FX prime broking and bilateral trading, officials say. Capitolis officials are pitching the Capitolis Novation service as the first of its kind and as a way to bring new… Read More >>
EBS BrokerTec Bids Farewell to a CEO
EBS BrokerTec Also Names Jim Iorio as Global Sales Head Interdealer broker and post-trade services vendor ICAP is searching for a new CEO for its subsidiary EBS BrokerTec as Gil Mandelzis, the current CEO, has decided to step down “and will be leaving the company in due course,” officials say. “We now begin the search… Read More >>
Deutsche Bank Hires from Goldman Sachs for Head of New CIB Group
Deutsche Bank Appoints Head of Corporate & Investment Banking for EMEA Deutsche Bank reports that Alasdair Warren from Goldman Sachs has been named head of corporate and investment banking (CIB) in Europe, the Middle East and Africa (EMEA), effective spring 2016. CIB itself will be created by combining the corporate finance business in corporate banking… Read More >>