Northern Trust promotes from within for new head of global foreign exchange
Incoming global FX head has been with Northern Trust since 2006; will oversee institutional FX solutions across direct FX, eFX, currency management, and custody.
Incoming global FX head has been with Northern Trust since 2006; will oversee institutional FX solutions across direct FX, eFX, currency management, and custody.
Asset managers see financial market volatility as a top industry challenge for the next three years; yet 84% expect AUM to grow irrespective of market valuation fluctuations, finds Northern Trust report.
Following a littering of mergers and acquisitions announcements in the last few weeks, Northern Trust’s global head of capital markets client solutions, Gerard Walsh, sits down with The TRADE to explore why this consolidation is happening now and what it might mean for the markets.
With the US confirming its shift to T+1 settlement in 2024, Wesley Bray looks at the impact this will have globally, whether or not the UK and EU should follow suit and how trading desks will be impacted by the move.
Best execution analysis is a given when it comes to transaction cost analysis, however, panellists noted there are steps that need to be taken to gain true insight-generating analytics; a somewhat untapped edge that TCA can provide.
The past week saw appointments from Liontrust Asset Management, Northern Trust, Millennium and Mediobanca.
Incoming SVP brings over two decades’ worth of experience to Northern Trust, having previously served at Enfusion, FINBOURNE Technology, Credit Suisse, Morgan Stanley and JP Morgan Chase.
Major service providers including BNY Mellon, State Street, UBS and Northern Trust have all expanded their outsourced trading capabilities to meeting growing demand from buy-side organisations.
The past week saw appointments from Northern Trust, Tradeweb and MarketAxess.
The bank saw profits decline 62% for Q4 compared to the same period the previous year, although net interest income rose on the back of higher rates.