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State Street's Bonn steps down from sec finance role


07 November 2013 Boston
Reporter: Mark Dugdale

Nicholas Bonn is leaving his interim role as executive vice president and head of securities finance and portfolio solutions at State Street, but will stay on at the bank, sources have confirmed...
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Waseem Barazi comes home to OneChicago


06 November 2013 Chicago
Reporter: Mark Dugdale

Equity finance exchange OneChicago has named Waseem Barazi as its chief regulatory officer. He previously served as director of market regulation at the exchange, which he originally joined in 2011...
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Pershing adds link to securities lending programme


06 November 2013 Jersey City
Reporter: Mark Dugdale

BNY Mellon company Pershing has created a “seamless” link between its PrimeConnect application and its Fully Paid Securities Lending programme...
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Thomas Squeri leaves Barclays


05 November 2013 London
Reporter: Daniel Jackson

Thomas Squeri, head of prime services equity finance for Americas, has left Barclays...
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BNY Mellon settles with Florida for $28 million


05 November 2013 Florida
Reporter: Mark Dugdale

BNY Mellon will pay $28 million to the State of Florida to settle allegations of overcharging for foreign currency transactions and cash reinvestment losses...
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Philip Forkan in Citi move


04 November 2013 London
Reporter: Daniel Jackson

Citi has hired Philip Forkan as the EMEA head of business development for OpenCollateral, Citi's collateral management platform...
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OneChicago's total equity volume booms


04 November 2013 Chicago
Reporter: Mark Dugdale

Trading volume at the equity finance exchange OneChicago increased 76 percent last month over October 2012, as a result of managed futures traders diversifying their holdings using single stock futures...
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OCC enjoys new loans in October


04 November 2013 Chicago
Reporter: Mark Dugdale

OCC's securities lending central counterparty activities saw a 26 percent increase in new loans from October 2012, with 97,472 transactions last month...
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Eurex Repo experiences voulme dip


04 November 2013 Frankfurt
Reporter: Mark Dugdale

Eurex Repo reported for all of its markets an average outstanding volume of €210.3 billion last month...
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Strate and Clearstream team up to tackle collateral


01 November 2013 South Africa
Reporter: Georgina Lavers

The South African CSD, Strate, and Clearstream have jointly launched a centralised collateral management service for the South African financial market...
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Wolters Kluwer looks for easy lending ride


01 November 2013 Massachusetts
Reporter: Georgina Lavers

Wolters Kluwer Financial Services has put in place automated securities lending functionality for its GainsKeeper FundTax REIT solution...
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US triparty repo collateral drops $68 billion


31 October 2013 New York
Reporter: Georgina Lavers

The New York Federal Reserve bank released its monthly triparty repo data for the US for September, which revealed a decrease among most asset classes...