All industry news

Fed’s ‘hawkish’ rate cut is more ‘dovish' than realised

06 August 2019 Washington
Reporter: Maddie Saghir

The Fed’s decision to cut rates has created mixed opinions in the industry with deVere Group CEO arguing that if read between the lines, Powell’s statement is more dovish than markets have so far recognised

Lago Kapital becomes members of Fintech Finland

06 August 2019 Helsinki
Reporter: Maddie Saghir

Lago Kapital has become a member of Fintech Finland “as a step forward in [its] development process.”

Barclays to gain share in Deutsche Bank’s prime brokerage business

06 August 2019 London
Reporter: Maddie Saghir

Barclays is to gain a share from Deutsche Bank’s prime brokerage business, sources have confirmed

ISLA welcomes EBA’s securities lending suggestion

05 August 2019 London
Reporter: Maddie Saghir

The International Securities Lending Association has welcomed the EBA suggestion to withhold the introduction at the EU level of minimum haircut floors for SFTs, including securities lending, from the bank capital requirements framework

BME reveals H1 results

05 August 2019 Madrid
Reporter: Rebecca Delaney

BME reported a net profit of €63.4 million in H1 2019, marking an 11.8 percent decrease compared to the same period last year

ECB reveals SESFOD survey results

02 August 2019 Frankfurt
Reporter: Maddie Saghir

In both the securities financing market and over-the-counter (OTC) derivatives market, credit terms offered to almost all counterparties eased between March and May 2019, the European Central Bank (ECB) revealed