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BlackRock reports securities lending revenue rise


01 August 2017 New York
Reporter: Mark Dugdale

BlackRock reported higher quarter-over-quarter and year-over-year securities lending revenue in its Q2 2017 results, as clients began to put more of their assets to work
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Joe Mecane joins Citadel Securities


31 July 2017 New York
Reporter: Mark Dugdale

Joe Mecane has joined Citadel Securities as head of execution services. In his new role, the former Barclays executive will take charge of the equity, options and exchange-trade funds businesses
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FDIC tells firms to prepare for T+2


31 July 2017 Washington DC
Reporter: Mark Dugdale

US financial services firms should take appropriate steps to ensure they are prepared for the move to T+2 settlement on 5 September
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US regulators to work together on Volcker Rule


28 July 2017 Washington DC
Reporter: Stephanie Palmer

Five US federal financial regulatory agencies are coordinating the efforts to review the regulatory treatment of certain foreign funds under Section 619 of the Dodd-Frank Act, better known as the Volcker Rule
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Deutsche Bank's prime finance revenue fell in Q2


28 July 2017 Frankfurt
Reporter: Mark Dugdale

Revenue from equities sales and trading fell to €537 million from Q2 2016, a drop that Deutsche Bank blamed on declining prime finance revenues, although it’s unclear by how much they decreased
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Peter Seccia joins Jefferies


27 July 2017 New York
Reporter: Mark Dugdale

Former Goldman Sachs executive Peter Seccia has joined Jefferies as global head of equity derivatives
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State Street receives securities finance revenue boost


27 July 2017 Boston
Reporter: Mark Dugdale

State Street earned securities finance revenue of $179 million in Q2 thanks to a boost at the bank in enhanced custody, as its assets under custody and administration exceeded $31 trillion for the first time