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Fragmentation and price wars

16 June 2009  |  2529 views  |  0 Source: Finextra video - Philippe Robeyns, Société Generale Philippe Robeyns, clearing services, Societe Generale

Philippe Robeyns, head of Société Generale Securities Services - Clearing Services, spoke to Finextra about recent changes in how sell-side and buy-side firms approach outsourcing. Particularly in the area of clearing services, he describes the impact of fragmentation and price wars among European clearing houses, and how post-Lehman Brothers court rulings in France and Germany are affecting contracts with prime brokerages and trustees.

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