Northern Trust will have to pay $46.5 million to settle securities lending litigation, while the bank outperformed the previous quarter in fees earned, according to its Q2 results...
Rising costs and a greater diversity of providers is leading pension funds to request unbundled contracts for securities lending and custody, according to Funston Advisory Services...
The Central Bank of Turkey has pledged to provide the country’s banks with limitless liquidity to ensure financial stability in the wake of recent economic and political turmoil...
Collateral must be considered encumbered for the term of the transaction, regardless of maturity date, when calculating the net stable funding ratio, according to Basel Committee on Banking Supervision...
