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All latest securities finance news

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BNY Mellon catches Phoenix account


24 March 2014 Phoenix
Reporter: Georgina Lavers

BNY Mellon has been chosen by the City of Phoenix Employees' Retirement System (COPERS) to provide custody, accounting, and securities lending solutions to plan assets valued at $2 billion...
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Compliance firm seeks Lombard assistance


24 March 2014 London
Reporter: Georgina Lavers

The firm Compliancy Services has selected Lombard Risk Management to provide their clients with regulatory returns submission services...
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SL-x is FCA approved


24 March 2014 London
Reporter: Georgina Lavers

The Financial Conduct Authority has approved SL-x’s application to commence operating as a multilateral trading facility...
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Clearstream GSF grows 3 percent


21 March 2014 Frankfurt
Reporter: Georgina Lavers

Clearstream’s February 2014 figures have shown assets under custody increasing, and continued growth across settlement and securities financing seemingly showing early customer support of the firm’s T2S strategy...
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SocGen scores French insurance mandate


21 March 2014 Paris
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has been mandated by CNP Assurances to provide collateral management services with regard to collateral swaps between CNP Assurances and its counterparties...
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FINRA lays £1.1mn fine on Citi


20 March 2014 Washington
Reporter: Georgina Lavers

Citi has received a slap on the wrist to the tune of $1.1 million, after violating FINRA’s short selling rules...
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Hong Kong gets collateral refresh


20 March 2014 Hong Kong
Reporter: Georgina Lavers

Southeast Asia Traders has enhanced its collateral management platform in Hong Kong...
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Fay signs up to SL-x


19 March 2014 London
Reporter: Georgina Lavers

Chris Fay has joined SL-x, the trading platform for the securities lending marketplace...
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Meridian buyout adds lending for clients


19 March 2014 Bermuda
Reporter: Georgina Lavers

Mitsubishi UFJ Fund Services is to acquire Meridian Fund Services Group, a fund administrator with $14 billion AUA...
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Markit gets going with web platform


19 March 2014 London
Reporter: Georgina Lavers

Markit has launched a new securities lending data online platform to caters to specific workflow requirements of lenders and borrowers...
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Jason Gruhot departs from Citi


18 March 2014 New York
Reporter: Mark Dugdale

Citi Transaction Services and Jason Gruhot have parted ways, according to sources...
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Soobadoo leaves Deutsche Bank


18 March 2014 London
Reporter: Mark Dugdale

Kevin Soobadoo has left his role as director in the equity finance team at Deutsche Bank. He departed on 14 March...