Moelis Australia Securities and Weeden & Co, a US institutional equity and fixed income broker, will ally to promote each company’s broker-dealer offering to each other’s institutional clients...
Arabian Gulf Holdings has appointed BNP Paribas as the prime broker and custodian for its latest fund. The bank will provide prime brokerage services for all investments, margin financing, clearing, and securities lending and borrowing facilities...
Pauline Banks has joined Bank of America Merrill Lynch as global custody agency services (GCAS) senior product manager responsible for custody in the APAC region...
J.P. Morgan has promoted Stephane Marchand to the role of managing director and head of prime and hedge funds services sales in Europe, the Middle East and Africa...
The shares of three Portuguese banks were banned from short selling in the UK on 4 July. The Financial Conduct Authority imposed the ban, which was in force between 8am and 11.59pm, because of the volatility of recent trading...
BNY Mellon, State Street and Northern Trust are facing reviews of their long-term ratings because of narrow margins in core custody services and an over reliance on ancillary services such as securities lending, according to Moody’s...
As a group, Eurex international derivatives exchanges averaged a daily volume of 10.8 million contracts in June. This was down slightly from 11 million in 2012...
OCC’s year-to-date stock loan activity is up 28 percent from 2012 with 638,520 new loan transactions in 2013. The average daily loan value at OCC in June was $56,188,067,455...
