Michael Bodson, president and CEO of DTCC feels that as derivatives are a global business, the ability to provide regulators with immediate access to a global data set is crucial.
A series of missteps amidst a volatile banking environment, combined with an insider trading scandal, have left the CEO of Japan’s largest investment bank with no choice but to resign.
Nomura Holdings’ top ex-Lehman executive Jesse Bhattal has stepped down from his position, raising questions of whether the top Japanese brokerage is on the verge of revamping its global strategies.