January 23, 2018 BY Valentina Kirilova

BNY Mellon hires Michael Cooper from Deutsche Bank to head new institutional FX prime brokerage business

BNY Mellon has announced plans to address the increasingly complex and capital-constrained FX market by launching a prime brokerage service for its institutional clients. The service will launch in early 2018 and allow participants to more efficiently trade, finance and margin their FX through BNY Mellon, a highly-rated counterparty that oversees more than $33.3 trillion…

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