DLJ's Pershing Seeks Vendor For Buy-Side Trade Reports

FRONT PAGE

Donaldson, Lufkin & Jenrette Inc.'s Pershing & Co. clearing subsidiary will soon pick a vendor to provide asset management accounting services to generate trade reports for buy-side clients submitting tax statements to the IRS. The move, which follows a similar initiative by Bear Stearns & Co.'s clearing operation some months ago (IMT, Dec. 13, 1991), is an attempt to attract customers by offering additional services besides traditional clearing.

Pershing executives decline to comment on any

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: