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State Street sees $30m leap in securities revenue
26 January 2015 Boston
Reporter: Stephanie Palmer

State Street has reported an increase of almost 40 percent in its securities finance revenue...

Credit Suisse to close managed lending
23 January 2015 New York
Reporter: Mark Dugdale

Credit Suisse is planning to wind down its managed lending business in the US. It will wind down the business by 30 June, after deciding that its niche focus does not fit in with the bank’s wider investment banking strategy...

Northern Trust’s Q4 figures stay steady
22 January 2015 Chicago
Reporter: Stephanie Palmer

Northern Trust has released its results for Q4 2014, reporting no change in its securities lending revenue from the same period in 2013...

Industry ready for the impact of T2S
22 January 2015 Stuttgart
Reporter: Stephanie Palmer

A majority of financial industry participants believe that T2S will have a significant impact on their organisations, but custodians and central banks don’t expect to be heavily affected...

Euroclear reports record-breaking 2014
22 January 2015 Brussels
Reporter: Stephanie Palmer

Euroclear has reported a successful 2014, including a 12.1 percent rise in collateral outstanding on its Collateral Highway, which reached €883.1 billion...

New $1 billion repurchase facility for OCC
21 January 2015 Chicago
Reporter: Becky Butcher

OCC has established a pre-funded, $1 billion committed repurchase facility with a leading pension fund...

New chief risk officer at OCC
21 January 2015 Chicago
Reporter: Becky Butcher

John Grace has joined OCC as executive vice president and chief risk officer...

OCC to work directly with non-banks
20 January Chicago
Reporter: Mark Dugdale

OCC is planning to launch a new programme that will allow it to access new sources of liquidity through repo and securities lending agreements with non-banks such as pension funds and insurance companies...

Carruthers joins Data Explorers duo at Credit Benchmark
20 January 2015 London
Reporter: Mark Dugdale

David Carruthers has joined Credit Benchmark as head of research. Carruthers, who was co-head of Markit Securities Finance, left the company at the end of last year...

SCOTUS may decide iShares securities lending dispute
19 January 2015 New York
Reporter: Mark Dugdale

The US Supreme Court has been asked to weigh into a dispute over the fees that BlackRock affiliates charged for securities lending services...

Strong 2014 for Eurex Repo
19 January 2015 Frankfurt
Reporter: Stephen Durham

Eurex Repo continued to grow in 2014, with outstanding volumes, the number of transactions and active participants all on the rise...

WestPoint Derivatives bags new securities finance trader
19 January 2015 London
Reporter: Mark Dugdale

Stephen Rudland has moved to WestPoint Derivatives to work in securities finance trading...