Category: Institutional

Nomura
April 26, 2023 BY Steffy Bogdanova

Nomura ends the financial year with net revenue down 2%

Kentaro Okuda, Nomura President and Group CEO, said:  We reported net revenue of 1,335.6 billion yen and net income of 92.8 billion yen for the full year, both representing a year on year decline amid volatile markets due to heightened geopolitical risks, inflation and central bank monetary policy tightening. Q4 results The Japanese company saw…

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Credit Suisse
April 24, 2023 BY Steffy Bogdanova

Credit Suisse reports CHF 1.3 billion losses in Q1

The bank’s adjusted net revenue stood at CHF 2.8 billion, registering a 40% decline compared to the first quarter in 2022. The adjusted pre-tax loss came in at CHF 1.3 billion for Q1, increasing by CHF 300 million compared to the previous quarter. The official announcement detailed that significant deposit and net asset outflows impacted…

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Broadridge
April 18, 2023 BY Steffy Bogdanova

Broadridge introduces integrated solution with faster time to markets and reduced cots

He said: Currently, firms have several front, middle, and back-office systems that are typically integrated using numerous point-to-point connections each with their own data model, creating fragmentation and complexity. By using our unique ability to look across front, middle, and back as a whole, we are helping our clients solve pain points through trade lifecycle…

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April 13, 2023 BY Steffy Bogdanova

Marex sees 29% growth in net revenue in 2022

Ian Lowitt, Marex CEO, commented: We are delighted with these record results. The strong revenue growth reflects the increasing demand from our clients, who recognise our deep expertise and ability to deliver quality service and solutions. Adjusted operating profit before tax (PBT) jumped 53% last year to $79.6 million from $12.7 million in 2021. Adjusted…

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Clearstream
April 12, 2023 BY Steffy Bogdanova

Clearstream creates new bank in Luxembourg for institutional fund investors

According to the official announcement, the recently established banking firm will cater to Clearstream's fund execution enterprise, Vestima, reputed as the world's most extensive fund-processing platform, with access to 230,000 funds in 50 markets. It has acquired a commercial banking permit through the new banking platform. Furthermore, the bank will facilitate the fund distribution platform…

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Cboe
March 29, 2023 BY Steffy Bogdanova

Cboe Australia completes technology migration, launches Cboe BIDS Australia

Chris Isaacson, Executive Vice President and Chief Operating Officer, Cboe Global Markets, said: This required migrating Chi-X's platform to Cboe technology, enabling Australian customers to benefit from our world-class innovations and seamlessly accessing Cboe's diverse markets, asset classes, data and product suite with greater ease and efficiency. Vic Jokovic, Chief Executive Officer, Cboe Australia highlighted…

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