A survey undertaken by SunGard Consulting Services has revealed concerns that the testing of day-to-day financial services systems is insufficient to protect against failure...
State Street earned $85 million in revenue from securities finance in Q1 2014, an 11.8 percent increase on the last quarter in 2013, thanks to new custody mandates...
The Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency have adopted a final rule to strengthen the leverage ratio standards for the largest, most interconnected US banks...
A source has confirmed that Rob Chiuch will assume global trading responsibility for the agency securities lending programme within BNY Mellon’s global collateral services business...
Official institutions are looking to new markets and a broader range of assets as they search for greater returns, according to a new report by State Street...
The estimated amount of collateral in circulation in the non-cleared OTC derivatives market decreased 14 percent from $3.7 trillion at the end of 2012 to approximately $3.17 trillion by December 31 2013, according to ISDA's 2014 Margin Survey...
