Friday, 25 July 2014
Last updated 1 hour ago
Feb 5 2007 | 12:28pm ET
Morgan Stanley—the largest prime broker to Singaporean clients—is opening a prime brokerage office in the island city-state, it said today.
“With the growth evident in both Singapore-based start-up hedge funds, as well as with players entering the market from other countries, client proximity and on-the-ground support is clearly the right next step,” Kurt Baker, the firm’s head of Asian prime brokerage, said in a statement.
Morgan Stanley’s prime brokerage already has offices in Tokyo, Sydney and Hong Kong, the latter of which formerly handled Singapore-based business. The new office will feature four members focusing on client services.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…