News search | Securities Finance Times

Generic business image for news articles

BNY Mellon appoints Udeshi to lead securities finance business
02 August 2023 US
Reporter: Carmella Haswell

Nehal Udeshi joins BNY Mellon as head of securities finance after a 17-year career with Goldman Sachs where she was formerly co-head

GPFA appoints Cherie Jeffries as US regional lead
01 August 2023 US
Reporter: Jamie Richards

Cherie Jeffries, director of fixed income trading at the State Board of Administration of Florida, has joined the Global Peer Financing Association following years of close collaboration with the association’s board

AMC Repo Clearing launches triparty solution for corporate bond financing
31 July 2023 India
Reporter: Bob Currie

The Mumbai-based clearing house has launched a triparty repo facility supporting financing against corporate bonds delivered as collateral

FCA updates guidance on regulatory reporting for short sales and SFTs
28 July 2023 UK
Reporter: SFT

The UK financial regulator will extend temporary measures introduced in January 2022 relating to short sales reporting under UK RTS 22 and it will widen these provisions to SFT fields and other indicators

Cboe Clear Europe becomes new ISLA member
28 July 2023 Amsterdam
Reporter: Carmella Haswell

ISLA has 190 members across 22 countries, representing all facets of the securities lending market including institutional investors, banks, broker-dealers and service providers

CFTC proposes elimination of securities lending trade restrictions
27 July 2023 US
Reporter: Carmella Haswell

The Commodity Futures Trading Commission proposes to eliminate a provision disqualifying securities issued by certain pooled investment funds that transfer assets through securities lending and borrowing, repo and reverse repo

Global securities lending revenues rise 20% YoY for H1 2023, says EquiLend’s Allen
27 July 2023 US
Reporter: Carmella Haswell

Equities played a major role in the global increase in lending revenue, contributing US$4.42 billion in H1 2023 revenue, and representing an 18 per cent YoY rise, as highlighted in EquiLend’s half-year edition of The Purple

Michael Carty swaps Euroclear for LME Clear
26 July 2023 UK
Reporter: Jenna Lomax

Michael Carty has stepped down from his role as CEO of Euroclear UK & International, a role he began in 2020

ESMA withdraws third-country recognition from UAE CCPs
26 July 2023 UAE
Reporter: Bob Currie

The European Commission has highlighted “strategic deficiencies” in the UAE’s anti-money laundering and counter financing of terrorism regime and added the jurisdiction to its list of high-risk countries on 16 March 2023

Pirum hires Messina to North American team
25 July 2023 US
Reporter: Carmella Haswell

Gary Messina, former EquiLend vice president in client relationship management, joins Pirum as associate director of sales origination

Credit Suisse fined £87 million for Archegos failings
25 July 2023 UK
Reporter: Bob Currie

The Prudential Regulation Authority has imposed a fine of £87 million on Credit Suisse for risk management failures relating to its dealings with Archegos Capital Management, the limited partnership family office that collapsed in March 2021

AccessFintech appoints Daur as global head
24 July 2023 US
Reporter: Carmella Haswell

Christopher Daur, former Goldman Sachs veteran, joins AccessFintech as global head of buy-side sales and relationships