This Week: State Street/CF Global Trading, HSBC, KPMG, and more
A summary of the latest financial technology news.
State Street completes acquisition of CF Global Trading
State Street Corporation has completed its acquisition of CF Global Trading, a firm specializing in outsourced trading for equities, listed derivatives, and fixed income. The deal will look to extend State Street’s outsourced trading services to clients in the UK and EU.
Dan Morgan, global head of portfolio solutions at State Street, says the acquisition is part of efforts to expand front-office outsourcing functions, building on the 2018
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