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...
01 February 2013New York Reporter: Georgina Lavers
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...
The IMN Beneficial Owners’ International Securities Lending Conference had to compete with Mardi Gras and the run-up to the Super Bowl for its attendees’ attention...
The Financial Reporting Council (FRC) has decided that no action should be taken against Ernst & Young over the accounting firm’s auditing of Lehman Brothers...
LCH. Clearnet has cleared more than $500 billion in notional of FX NDFs through its ForexClear service since it launched in March 2012. The volumes were driven by figures of $207 billion in Q4...
Strong institutional participation, stabilised fee splits and concern over indemnification were just three of the trends that Finadium identified in its securities lending survey...
18 January 2013Frankfurt Reporter: Georgina Lavers
Clearstream and Belfius have agreed to develop exclusively a new collateral management activity for bilateral trades, focusing on over-the-counter (OTC) derivatives and aimed primarily at corporates and medium-sized banks...
While improvement in market values meant good news for BNY Mellon’s investment management, asset servicing, clearing and treasury services businesses, investment services fared slightly worse in the bank’s Q4 2012 results...
