CUSIP requests jump 20 percent 17 November 2015 New York Reporter: Stephanie Palmer CUSIP Global Services saw a sharp increase in requests for new security identifiers in October, suggesting that there could be a surge in new corporate and municipal bond issuances...
BlackRock eases sec lending requirements 17 November 2015 New York Reporter: Drew Nicol BlackRock has lowered its over-collateralisation level for equity loans using equity collateral to between 5 and 12 percent...
Shadow banking breaks $80trn mark 16 November 2015 Basel Reporter: Drew Nicol The Financial Stability Board valued the shadow banking industry at $80 trillion in 2014, up from $78 trillion 2013...
Stefan Lepp leaves Clearstream Banking International 16 November 2015 Frankfurt Reporter: Drew Nicol Stefan Lepp has stepped down as CEO of Clearstream Banking International...
Clearstream suffers sec financing loss 13 November 2015 Frankfurt Reporter: Drew Nicol Clearstream’s global securities financing (GSF) figures for October show a 10 percent drop-off on last year’s figures...
Liquidity Alliance meets buy side 13 November 2015 Frankfurt Reporter: Drew Nicol The Liquidity Alliance now offers collateral management services to buy side through its 360T platform...
Deutsche Börse shakes up board responsibilities 13 November 2015 Frankfurt Reporter: Drew Nicol Deutsche Börse Group will redistribute responsibilities of its executive board, effective 1 January 2016...
Haitong International chooses SunGard’s Global One 12 November 2015 Hong Kong Reporter: Mark Dugdale Haitong International Securities Group has chosen SunGard’s Global One solution to manage its new stock lending and borrowing business in Hong Kong...
Ben Challice leaves Nomura 12 November 2015 London Reporter: Mark Dugdale Ben Challice has decided to leave Nomura after the bank moved to simplify the management structure of its prime brokerage business...
Stay now: industry associations finalise ISDA protocol 12 November 2015 Zurich Reporter: Mark Dugdale The revised ISDA stay protocol that includes a new dedicated securities finance annex has received the backing of 21 systematically important banks...
State Street opens Copenhagen office 11 November 2015 Copenhagen Reporter: Drew Nicol State Street has strengthened its presence in the Nordic region with the opening of an office in Copenhagen...
Elian bolsters new Luxembourg depository team 11 November 2015 Luxembourg Reporter: Drew Nicol Elian has appointed Kerstin Lindgren as manager of depository services...