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What's new in financial services today?

BNY Mellon has announced the creation of three new units within the Investment Services division: Clearing, Markets and Client Management; Asset Servicing;…



According to MS CEO James Gorman, automation is just one of those many technological developments taking place in the financial sector. Despite that, he…





Manoj Bhaskar, Head of Market Risk Methodology at HSBC London, has left the firm to join Standard Chartered.



Bloomberg reports that Eric Miller has been appointed Head of Equities Sales at Credit Suisse. He will report to Mike Stewart, Head of Equities. The research…



GS is looking for new income sources as its sales and trading businesses slump, is doubling down on the business of financing highly leveraged companies,…



BNP Paribas and GTS are teaming up to trade US Treasuries, adding to a series of deals where banks have tapped the computing power of HFTs, rather than…



HFM Week reports that Graeme Farrell has joined AQR as Head of Operational Risk. He was most recently Global Head of Operational Risk at JP Morgan. Complete…



China has awarded private fund manager license to Neuberger Berman – the latest foreign firm to manage private funds and raise capital directly from…



ABP, EU’s largest pension fund and a scheme for Dutch public-sector workers, is much revered overseas for its efforts in “sustainable” investing….



Bloomberg reports that Marc Wursdorfer has joined UBS as Head of Private Funds for EMEA, based in London. He will report to Kevin Kuryla, Global Head of…



Reuters reports that Ben Adubi has joined Morgan Stanley’s public sector syndicate team. He was most recently at Deutsche Bank and previously worked…



The Bond Buyer reports that UBS Wealth Management has hired Sandra Kim as MD in San Francisco as head of the higher education group in the western region….



BusinessWire reports that Peter Paolilli has joined BNY Mellon Wealth Management as Senior Wealth Director, based in Chicago. He will report to Garrett…





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