Salvatore Cangialosi has been recruited for Albert Fried & Company’s prime lending services division from Credit Suisse, where he was director of fixed income securities lending in their New York office...
Purpose Investments has selected CIBC Mellon to deliver a full suite of asset servicing solutions, including custody, fund accounting, ETF administration and securities lending services...
The European Securities and Markets Authority (ESMA) has published its final guidelines on the exemption for market making activities and primary market operations under the Short Selling Regulation...
Over half of European investors polled say that the MiFID II proposal to force all quotes in fixed income instruments to be firm and disclosed to the market will have a negative impact on trading activity and reduce liquidity...
A lawsuit from two pension plans had landed BlackRock’s securities lending scheme in trouble, after it was alleged that the asset management firm had taken revenue out of investors’ hands...
Total cleared contract volume in January reached 365,027,878 contracts for OCC. This represents an 8 percent increase from the January 2012 volume of 337,222,938 contracts...
A judge has refused to throw out a lawsuit from The Salvation Army that claims BNY Mellon mismanaged its assets by investing the collateral used for securities lending in risky mortgage backed securities...