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Global Investor/isf breaking news alert: Face to Face with Tim Smollen

11 March 2010


Tim Smollen, global head of agency lending at Deutsche Bank discusses the acquisition of Commerzbank AG’s securities lending business and the benefits it will bring.

Global Investor/isf:  Have you retained all clients in the merger?

 

Tim Smollen: Deutsche Bank acquired the Global Agency Securities Lending Business from Commerzbank AG in May of 2009. Throughout the migration which was complete by the end of November, we were pleased to have been able to retain all our active clients. ...


 

Poll

What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
34%
It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
17%
It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
14%