Citigroup wooes away Philip Winter from Deutsche Bank 22 January 2020 London Reporter: Natalie Turner Citi secures Deutsche Bank veteran, Philip Winter, for European head of securities lending role
Clearstream enhances fund desk business with Fondcenter acquisition 22 January 2020 Zurich Reporter: Natalie Turner Clearstream has gained a majority stake in UBS’s fund distribution platform Fondcenter to further build out its dedicated fund desk business
Broadway Technology launches automated repo service 21 January 2020 New York Reporter: Natalie Turner The US fintech firm has branched into the automated repo market, with several European banking clients already using the service
Consolo partners with SLT on new training programme 21 January 2020 London Reporter: Drew Nicol Consolo is gearing up for the launch of its new Breakfast Club events next month for industry participants to discuss current hot-topics of the day
State Street sees securities finance slump at year-end 20 January 2020 New York Reporter: Natalie Turner State Street's Q4 2019 report shows decrease in its securities finance revenue
BNY Mellon sees year-end lending revenue drop off 20 January 2020 New York Reporter: Natalie Turner BNY Mellon’s Q4 2019 report showed a decrease in securities lending revenue, compared to the same period in 2018
Hilltop Securities names Muschalek for SBL top job 20 January 2020 Dallas Reporter: Natalie Turner Hilltop Securities appoints new head of wealth management to oversee securities lending and clearing services
Nigeria’s NSE in bid to deepen lending pool 17 January 2020 Nigeria Reporter: Natalie Turner NSE offers 20.78 million shares for lending
EBA board of supervisors selects new director 16 January 2020 London Reporter: Maddie Saghir The European Banking Authority board of supervisors has nominated Gerry Cross to be the new executive director of the authority
ESMA mulls “enhanced” CCP supervision 16 January 2020 Paris Reporter: Natalie Turner ESMA considers enhancing supervisory practices on CCPs
BlackRock boosts securities lending revenue in 2019 16 January 2020 New York Reporter: Maddie Saghir The bank’s revenue hit $169 million in the three months prior to year-end, up from $129 million during the sale period in 2018
RMA publishes new SFTR reporting contract template 16 January 2020 Philadelphia Reporter: Drew Nicol The SFTR Reporting Delegation Agreement aims to provide market participants with a “comprehensive and easy-to-use template” to assist in memorialising reporting services provided by agent lenders to beneficial owners
