BNY Mellon Asset Servicing, has been ranked No.1 in the Single Provider and USD 1-10 Billion categories within Global Custodian magazine's 2010 Securities Lending survey.
Following on from the recent Monetary Policy Committee of the SA Reserve Bank (Sarb) meeting, the repo rate will remain at 6.5 percent. The prime rate would therefore remain set at 10 percent.
The fast growing Asset Management business of the Matrix Group is expanding its sales and marketing functions with the appointments of Chris Beament as Business Development Manager and Chris Elliott as Marketing Executive.
FINRA Fines Deutsche Bank Securities, National Financial Services a Total of $925,000 for Systemic Short Sale Violations. Both Firms Facilitated Customer Execution of Short Sales Through Direct Market Access Order Systems That Violated the 'Locate'
State Street Global Advisors (SSgA), the investment management business of State Street Corporation, today announced that Lynn Blake, a 23-year SSgA veteran will assume the role as global head of Index Equity following the retirement of Paul Brakke,
The Securities and Exchange Commission today charged two Boca Raton residents for engaging in illegal short selling of securities in advance of participating in numerous secondary offerings to make illicit profits.
The Options Clearing Corporation (OCC) has announced that Craig Abruzzo and Valar Mihan were recently elected to the OCC Board of Directors. Additionally, Paul Brody was elected to the role of Vice Chairman and succeeds outgoing director Gary Yetman
Credit Suisse has entered into an agreement to purchase from Fortis Bank Nederland its Prime Fund Solutions business ("PFS"), a leader in hedge fund administration services. The acquisition enhances Credit Suisse’s offering to alternatives
The facts and figures highlighting Clearstream's performance in April and demonstrating a healthier but unsuprising position in relation to April 2009.
