Citi has expanded its Citi OpenInvestor suite of investment services to include segregated collateral custody accounts. The new accounts are hoped to help clients better mitigate counterparty risk...
The proposed EU Financial Transaction Tax would cause the short-term repo market in Europe to contract by an estimated amount of at least 66 percent...
Itaú BBA has selected 4sight’s securities finance and collateral management solution to support its US based securities lending and repo business, Itaú BBA USA Securities...
BNY Mellon’s global collateral services business has upgraded its AccessEdge collateral management portal with a newly-established link to Pirum’s new triparty required value (RQV) processing service...
Former Morgan Stanley employee Deepak Abraham has been hired as head of capital strategy in Asia Pacific for Bank of America Merrill Lynch’s prime brokerage division...
It has been reported that Ajay Nagpal, previously the head of Barclays Capital prime services business, has left the bank to join Millennium, the $18 billion hedge fun run by Israel Englander...
Greg Medcraft, chair of the Australian Securities and Investments Commission, took over as chair of the International Organization of Securities Commissions (IOSCO) board at its Sydney meeting...