HSBC becomes the latest global custodian to offer broker outsourcing services to top-tier broker-dealers. But some analysts say smaller brokers would gain more from these services.
Tag : broker
A sharp fall in commission payments last year meant institutions had less equity commission from which to allocate costs for sell-side research and services, says Greenwich Associates.
Having left Bank of America Merrill Lynch last year, Diana Yang is back within Harvey Twomey's orbit.
The broker will offer listed equity products onshore and expects particularly strong demand for index futures from foreign institutions.
It takes three to tango, say the co-advisors of a new China long/short fund.
Regulators put in a quiet word over linking trading agreements to mutual fund distribution.
Deutsche Bank has appointed Anthony Byrne as director and head of Asia-Pacific equity prime services, which encompasses prime brokerage, structured equity finance and securities lending.
Shenyin & Wanguo is the next securities firm to make a deal with a foreign fund manager.