The US Federal Reserve has suggested establishing a fixed-rate, full-allotment overnight reverse repurchase agreement facility as an additional tool for managing money market interest rates...
A judge has dismissed a lawsuit against BlackRock that accused the asset management firm of setting up an excessive fee structure “designed to loot securities lending returns properly due to iShares investors"...
In a recent spate of hires, ConvergEx Group announced that it has named Gary Ardell chief information officer. With this appointment, Ardell joins the company’s executive committee...
SL-x Group, an electronic trading marketplace for stock lending transactions, has appointed a chief financial officer, general counsel, and strategy director...