In March 2011, the value of assets under custody held on behalf of customers registered an increase of five per cent to €11.3 trillion (compared to €10.8 trillion in March 2010)...
BNY Mellon Asset Servicing has named Michael McAuley to the newly created position of managing director, senior business strategist, for the Global Securities Lending Business...
Singapore Exchange is to let market forces dictate the rate at which participants can borrow the securities of retail investors in a move that it says will increase liquidity...
J.P. Morgan Worldwide Securities Services has been selected by the Maine Public Employees Retirement System (MainePERS) to provide services including securities lending for the State’s $10.5 billion in assets.
The Southern Division of the Salvation Army in the US has started legal proceedings against BNY Mellon following losses incurred as a result of its securities lending programme...
Algorithmics’ risk and capital management experts today launched the first comprehensive review of the Wall Street Reform and Consumer Protection Act to help affected firms and their employees formulate action plans to meet the new regulations.
The California Public Employees’ Retirement System (CalPERS) has appointed Russell Fong as its acting chief financial officer (CFO), effective April 4...
The Securities and Exchange Board of India (SEBI) has announced that the reporting on Indian securities lent by FIIs to entities abroad will cease from today...
The International Capital Market Association (ICMA) and the International Securities Lending Association (ISLA) will be holding a workshop on the Global Master Repurchase Agreement (GMRA) and the Global Master Securities Lending Agreement (GMSLA)...