Citi has opened a securities lending office in Los Angeles as part of its commitment to expand its OpenLend capabilities in key cities and regions around the globe. The new members of its Los Angeles team bring years of industry experience and will be responsible for product sales and relationship management for the mid-west and western regions of the US.
OpenLend is an open architecture securities lending solution that leverages Citi’s global presence, robust risk management controls and innovative trading strategies to help clients achieve their performance objectives. Citi’s complete securities and funds services product offerings for institutional and alternative asset managers include middle office, fund administration, global custody, and investing and financing solutions that are focused on clients’ specific challenges and customised to their individual needs.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.