Northern Trust Hedge Fund Services will provide alternative investment manager CarVal Investors with middle office and administration services including collateral management and profit and loss reporting.
In November 1997, 15 years ago, Marcus Rule established Rule Financial in London. Having started with just one person based in the UK, this year sees growth to 500 people operating in 5 countries...
In a continued effort to create the first fully open global market infrastructure to source and mobilise collateral across geographic borders, Euroclear Bank’s ‘Collateral Highway’ has expanded into South Korea...
Maple Financial Group has restructured its securities finance team, and re-titled Walter Kraushaar as it looks to opportunities in the North American market...
Lombard Risk Management has appointed David Wilford as director of compliance products. Wilford will also act as product director for Lombard Risk Management’s new compliance and audit application, ComplianceASSESSOR, and lead its dedicated team...
In its continued efforts to strengthen oversight and regulation of “shadow banking”, the Financial Stability Board (FSB) is asking for feedback on its thirteen recommendations...
Citi now offers securities lending services in Malaysia through its OpenLend platform. The new service will allow offshore and domestic investors access to the Malaysian market...
More than a third of J.P. Morgan’s intraday credit exposure that it experiences during the unwinding of triparty repos has been eliminated as the firm implements market reforms...