Dinosaur Merchant Bank expands prime brokerage services
14 June 2023 UK
Image: Dilok/stock.adobe.com
Dinosaur Merchant Bank (DMBL), a full-service, international investment bank, has expanded its prime brokerage services.
The London-based bank says its enhanced prime brokerage services are designed to meet the evolving needs of today’s dynamic financial landscape.
These services aim to support a range of clients including hedge funds, asset managers, institutional investors and trading firms, to name a few.
DMBL’s prime brokerage and institutional investment services include custody and clearing for a range of financial instruments, equity swaps, securities financing, repo and margin finance.
The bank also offers global electronic trading, custom structured trades and financing, as well as trading and execution services.
Commenting on the announcement, Tenette Abanilla, director and chief operating officer at DMBL, says: “We see prime brokerage as one of the primary pillars of our business. Andrew Richards and Scott Fuller, who have recently joined Dinosaur Merchant bank, bring a vast combined experience of 55 years from the prime brokerage Tier 1 world.
“Their expertise will enable DMBL to better understand the needs of clients of both emerging managers and established institutions including aggregators, family offices and corporates.”
Andrew Richards, head of prime sales at DMBL, adds: “The expansion of the prime business is a very exciting time for DMBL. The ability to offer world class technology, client service and aggressive economics to our expanding client base, in an industry that requires diversification from the larger primes for certain clients, is a needed resource in this industry.”
The London-based bank says its enhanced prime brokerage services are designed to meet the evolving needs of today’s dynamic financial landscape.
These services aim to support a range of clients including hedge funds, asset managers, institutional investors and trading firms, to name a few.
DMBL’s prime brokerage and institutional investment services include custody and clearing for a range of financial instruments, equity swaps, securities financing, repo and margin finance.
The bank also offers global electronic trading, custom structured trades and financing, as well as trading and execution services.
Commenting on the announcement, Tenette Abanilla, director and chief operating officer at DMBL, says: “We see prime brokerage as one of the primary pillars of our business. Andrew Richards and Scott Fuller, who have recently joined Dinosaur Merchant bank, bring a vast combined experience of 55 years from the prime brokerage Tier 1 world.
“Their expertise will enable DMBL to better understand the needs of clients of both emerging managers and established institutions including aggregators, family offices and corporates.”
Andrew Richards, head of prime sales at DMBL, adds: “The expansion of the prime business is a very exciting time for DMBL. The ability to offer world class technology, client service and aggressive economics to our expanding client base, in an industry that requires diversification from the larger primes for certain clients, is a needed resource in this industry.”
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