LSEG’s Post Trade Solutions to Receive Investment from 11 Global Banks

LSEG has partnered with 11 leading global banks, in a move which will see the Group receiving investment in its Post Trade Solutions business.  According to a story in The Trade news, the investing banks will become shareholders in the business, taking a 20% stake in exchange for an aggregate cash consideration of £170 million, totalling the whole value of Post Trade Solutions to £850 million.  Specifically, the 11 banks included in the investment are: Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, HSBC, JP Morgan, Morgan Stanley, Nomura, Societe Generale and UBS.