BNY Mellon Asset Servicing has named Michael McAuley to the newly created position of managing director, senior business strategist, for the Global Securities Lending Business...
Singapore Exchange is to let market forces dictate the rate at which participants can borrow the securities of retail investors in a move that it says will increase liquidity...
J.P. Morgan Worldwide Securities Services has been selected by the Maine Public Employees Retirement System (MainePERS) to provide services including securities lending for the State’s $10.5 billion in assets.
The Southern Division of the Salvation Army in the US has started legal proceedings against BNY Mellon following losses incurred as a result of its securities lending programme...
Algorithmics’ risk and capital management experts today launched the first comprehensive review of the Wall Street Reform and Consumer Protection Act to help affected firms and their employees formulate action plans to meet the new regulations.
The California Public Employees’ Retirement System (CalPERS) has appointed Russell Fong as its acting chief financial officer (CFO), effective April 4...
The Securities and Exchange Board of India (SEBI) has announced that the reporting on Indian securities lent by FIIs to entities abroad will cease from today...
BondLend, the fixed income securities finance platform has expanded into the Canadian market. Several clients including, CIBC Mellon, Northern Trust and State Street have incorporated the efficiencies of the platform into their daily businesses by...
PortfolioShop has announced the release of FixQ BrokerRisk, a prime brokerage exposure monitoring system. According to PortfolioShop, the new system enables prime brokers to forecast their potential client-wide losses due to extreme market moves.
The Depository Trust & Clearing Corporation (DTCC) today announced that Wells Fargo Bank (NYSE: WFC) has linked to its Loan/SERV Reconciliation Service to help....
