PIMCO names new pensions chief 07 April 2017 California Reporter: Drew Nicol US investment manager PIMCO welcomes several new managing directors for pensions strategy and regional posts
EU repo clears first Q1 hurdle, barely 07 April 2017 London Reporter: Drew Nicol In the weeks leading up to the March quarter-end, the repo market showed a high degree of uncertainty and nervousness, with rates being priced very wide
OCC names Citi’s Davidson as new COO 06 April 2017 Chicago Reporter: Drew Nicol OCC gains new COO during strong volume growth period
ITI Group acquires UK broker 06 April 2017 London Reporter: Drew Nicol ITI Group has expanded its UK presence with the the purchase of broker-dealer Uralsib Securities from Russia's Uralsib Group
OneChicago sees March growth 06 April 2017 Chicago Reporter: Drew Nicol Securities finance exchange OneChicago’s transaction volume for March beat last year’s monthly volume by 2 percent
BM&FBovespa and Cetip form new exchange 05 April 2017 São Paulo Reporter: Drew Nicol The merged entity has been rebranded as B3 and promises to offer an enhanced range of services, including securities lending
Cowen snaps up Convergex for $116 million 05 April 2017 New York Reporter: Mark Dugdale The cash and stock deal has been struck with Convergex owners BNY Mellon and GTCR
Euronext and ICE Clear partner up 05 April 2017 Amsterdam Reporter: Drew Nicol Clearing operations will be run from Amsterdam, while a new asset financing solution will be built by Euronext and operated from Paris
R3’s Corda steps up for DLT lending platform 05 April 2017 New York Reporter: Stephanie Palmer Liquidity management company HQLAX has teamed up with R3 and five of its member banks to build a collateral lending solution for liquidity transfers
Eurex secures KfW as IRS clearing client 05 April 2017 Frankfurt Reporter: Drew Nicol German government-owned investment bank KfW has looked to Eurex Clearing for IRS clearing services
OCC’s McClain to head DTCC equity clearing 04 April 2017 New York Reporter: Stephanie Palmer The Depository Trust & Clearing Corporation has appointed Michael McClain as managing director and general manager of equity clearing
EU beneficial owners see asset dropoff 04 April 2017 Frankfurt Reporter: Drew Nicol Pension fund and insurance company balance sheets contracted, according to data from the European Central Bank
