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SFC slaps $6.3 million fine on China Rise for illegal short selling
04 November 2019 Hong Kong
Reporter: Maddie Saghir

China Rise Securities Asset Management fined for a lack of adequate systems and control procedures to detect and prevent illegal short selling

SimCorp's cloud-based SFTR reporting solution goes live
04 November 2019 London
Reporter: Drew Nicol

Investment management solutions provider SimCorp has thrown its hat into the ring of SFTR solutions with a cloud-based end-to-end reporting platform

Deutsche Bank’s agency lending team heads to MUFG
01 November 2019 New York
Reporter: Drew Nicol

It is believed Tim Smollen will be joined at MUFG by fellow Deutsche Bank agency lending alumni that also left the German bank recently

Lendingblock’s co-founder moves to ShapeShift
01 November 2019 London
Reporter: Maddie Saghir

Lendingblock founder has left the digital exchange to take on a new role at cryptocurrency exchange ShapeShift

Citi names new head of agency lending operations
01 November 2019 Tampa
Reporter: Maddie Saghir

Citi has made a new recruit for its head of agency lending in Tampa, Florida

OCC: Use our data for significant savings on equity collateral
01 November 2019 Chicago
Reporter: Maddie Saghir

A few savvy clearing members are leveraging OCC daily securities datafiles to post collateral worth tens of millions of dollars less in market value than their peers, while still meeting margin requirements

Cappitech taps Coinbase's Kelly for advisory board
31 October 2019 London
Reporter: Jenna Lomax

Kelly, who also currently serves as head of compliance UK for Coinbase, a digital currency exchange, has more than 30 years of financial industry experience and has held senior roles at PwC and Grant Thornton

LEIs could conjure up cost benefits, says McKinsey & Company
31 October 2019 London
Reporter: Maddie Saghir

Adopting LEIs could result in savings of over $150 million annually for the broader investment banking industry, report claims

Deutsche Boerse securities lending revenue lags in Q3
30 October 2019 Frankfurt
Reporter: Drew Nicol

The German marketplace organiser saw a drop-off in securities lending revenue last quarter, while collateral management, custody and settlement businesses achieved modest growth

Euroclear Finland set to join T2S in 2022
30 October 2019 Helsinki
Reporter: Jenna Lomax

Euroclear Finland is to join the European securities settlement platform TARGET2-Securities in November 2022

CACEIS names new senior sec lending trader
29 October 2019 Amsterdam
Reporter: Maddie Saghir

Jeffrey Schippers has joined the asset servicing bank as a senior trader for securities lending, repo and collateral management from KAS Bank, where he had worked in a similar role for just over 17 years

Stegmeier resurfaces at Bank Julius Baer
28 October 2019 Zurich
Reporter: Maddie Saghir

Former-AXA Investment Manager securities lending head, Daniel Stegmeier, has returned to the industry after retiring in 2017 to support Bank Julius Baer’s head of collateral trading