Tag: Financial services
Vanguard Group Inc. Holds $374.71M in Alight, Inc. Stock (NYSE: ALIT)
Vanguard Group Inc. has increased its stake in Alight, Inc. (NYSE: ALIT) by 8.1% in the first quarter, according to the latest 13F filing with the Securities and Exchange Commission (SEC). The firm now...
Fnality Launches DLT-Powered PvP FX Settlement Service
Baton Systems and Osttra have teamed up with Fnality to bring a new settlement option to their FX network. The collaboration will integrate Fnality's blockchain-based payment system into Baton's payment-versus-payment (PvP) foreign exchange settlement...
State Street’s FX Interoperability Strategy: Streamlining FX Markets
About six years ago, State Street decided to team up with Interop.io to connect its GlobalLINK suite of platforms. This move was aimed at addressing the issue of legacy systems and embracing the concept...
Wells Fargo’s Winning FX Strategy for Buy-Side Clients
So like, Wells Fargo decided to focus more on institutional buy-side clients for their foreign exchange business, and it seems like it's paying off big time. The bank, based in San Francisco, saw a...
Goldman Sachs Boosts FX Trading Revenue in 2024
So, like, guess who totally knocked it out of the park in 2024? Yup, you guessed it - Goldman Sachs! This investment bank totally killed it in the foreign exchange trading game, raking in...
HSBC Appoints Benihasim as Global FX Head – Market Focus
A seasoned journalist would rephrase the content in a more engaging and informative way, providing readers with a comprehensive understanding of the news. Here is a rewritten version of the article:Volkan Benihasim appointed as...
Revamp e-trading at BNY with Wu from Deutsche Bank
In a strategic move to revamp their electronic trading operations, BNY has appointed Shuo Wu, a seasoned professional from Deutsche Bank, as the global head of electronic foreign exchange trading and strats. This significant...
Enhancing Transparency in Overlay Space: J.P. Morgan FX Markets
In a time of uncertainty and volatility, the demand for J.P. Morgan's FX overlay market services has surged as market participants grapple with the complexities of hedging and executing in the FX market. The...
Deutsche Bank appoints James from JP Morgan to lead AutobahnFX
Deutsche Bank Taps Richard James from JP Morgan to Lead AutobahnFXIn a strategic move to enhance its foreign exchange single-dealer platform, AutobahnFX, Deutsche Bank has announced the appointment of Richard James, who joins from...
Exploring the Possibility of Renting Out LPs’ Client Franchise – FX Markets
**Exploring the Future of FX Markets: Renting Out LPs' Client Franchise**During the recent FX Markets Europe conference in London on December 3, a thought-provoking idea surfaced that has the potential to reshape the landscape...
