Barclays’ ServCo introduces a new type of player into the service provider market

Barclays is setting its sights on returning to securities finance prominence. According to reports, Barclays’ current ability to try to recapture its one-time leading industry role in equity and fixed income financing is partly attributable to cost savings success through restructuring bank operations and technology into a standalone business unit called Servo. What may be good news for banks may be bad news for third party service providers.
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