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Hedge fund H1 gains best since 2009


25 July 2017 London
Reporter: Drew Nicol

The hedge fund industry has recorded one of its strongest H1 performance periods since the financial crisis, according to data and intelligence provider Preqin
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Calypso gains stake in Sernova Financial


25 July 2017 London
Reporter: Drew Nicol

Sernova Financial, which already leverages the Calypso Cloud platform, recreates the shared infrastructure and service items of clearing brokers
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RMA keynote The Mooch heads to the West Wing


24 July 2017 Naples
Reporter: Drew Nicol

Anthony Scaramucci, who appeared as keynote speaker at last year’s RMA securities lending conference in Florida, has been appointed as the White House communications director
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BNY Mellon rakes in $48 million


21 July 2017 New York
Reporter: Mark Dugdale

BNY Mellon recorded securities lending revenue of $48 million in Q2 2017, as assets under custody and administration reached $31.1 trillion
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Northern Trust commits to EU hub


20 July 2017 Luxembourg
Reporter: Drew Nicol

Northern Trust is set to establish a banking presence in Luxembourg, and has appointed a new head of continental Europe, in a move that it says is “further establishing its commitment to the region”
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BoE refines margin liquidity risk assessment proposals


18 July 2017 London
Reporter: Drew Nicol

Securities financing margin liquidity risk assessments should be based on historical margin posted, with a stress uplift applied, according to the Bank of England’s Prudential Regulation Authority