All latest securities finance news

State Street Bank to pay settlement charges related to custody

28 June 2019 Washington DC
Reporter: Jenna Lomax

State Street Bank and Trust has agreed to pay over $88 million to settle charges for overcharging mutual funds and other registered investment company clients for expenses related to the firm's custody of client assets

Grant Davies leaves Matchbox

28 June 2019 London
Reporter: Jenna Lomax

Grant Davies has left Matchbox as head of business development, it has been confirmed

J.P. Morgan Administration Services fined €1.6m by CBI

27 June 2019 Dublin
Reporter: Rebecca Delaney

J.P. Morgan Administration Services (Ireland) has been formally reprimanded and fined €1.6 million by the CBI for “regulatory breaches” in relation to the outsourcing of fund administration services

FCA recognises UK Money Markets codes

26 June 2019 London
Reporter: Rebecca Delaney

The Financial Conduct Authority (FCA) has formally recognised both the voluntary FX Global and UK Money Market Codes of the Bank of England

Swiss Life adopts Eurex Clearing’s ISA Direct

26 June 2019 Zurich
Reporter: Rebecca Delaney

Swiss Life Asset Managers has become the first buy-side organisation to utilise Eurex Clearing’s ISA Direct service

Finastra and Xceptor collaborate to reconcile securities markets

26 June 2019 London
Reporter: Rebecca Delaney

Finastra has partnered with Xceptor to provide reconciliation in the securities market

SEC adopts new requirements under the Dodd-Frank Act

26 June 2019 Washington DC
Reporter: Rebecca Delaney

The Securities and Exchange Commission (SEC) has adopted a series of regulations and requirements under Title VII of the Dodd-Frank Act

Societe Generale strengthens senior equity team

25 June 2019 New York
Reporter: Rebecca Delaney

Société Générale has appointed two co-heads of equities and equity derivatives, Americas, effective Q3 2019

NBCGF bolsters senior securities finance team

25 June 2019 Dublin
Reporter: Rebecca Delaney

NBCGF has appointed Pierre Celhabe as director and securities finance trader

EuroCCP expands senior management team

25 June 2019 London
Reporter: Rebecca Delaney

EuroCCP has appointed Tim Beckwith as head of commercial development, effective 1 July

DTCC subsidiary achieves clearing milestone

25 June 2019 London
Reporter: Rebecca Delaney

DTCC’s subsidiary FICC has achieved a milestone in the transformation of the US treasury market toward central clearing