BNY Mellon fined $6 million for misstating collateral 17 April 2012 New York Reporter: Georgina Lavers BNY Mellon was fined $6 million by the Federal Reserve Board for misstating the collateral it pledged to a government lending program in 2008...
Shadow banking worth $17 not 60 trillion, say Finadium 17 April 2012 Concord Reporter: Georgina Lavers Finadium have slammed popular reports that the shadow banking industry is worth $60 trillion, stating the figure is almost 75 per cent less...
Quadriserv’s AQS swells by 125 per cent 14 April 2012 New York Reporter: Georgina Lavers Quadriserv’s AQS saw a 125 per cent growth in average daily notional balance...
Lombard Risk signs four more for Ba III solution 13 April 2012 London Reporter: Georgina Lavers Lombard Risk has signed four contracts in March for its ‘Reporter’ regulatory compliance solution...
New Edinburgh offices for 4sight 13 April 2012 Edinburgh Reporter: Georgina Lavers 4sight Financial Software has moved to new larger offices for its Edinburgh UK headquarters...
NSD acquires majority stake in DCC 13 April 2012 Moscow Reporter: Georgina Lavers Russian settlement depository NSD has acquired 97.8 per cent of DCC shares...
NYSE Liffe could launch new repo product 12 April 2012 New York Reporter: Georgina Lavers NYSE Euronext will launch repo futures market trading on 16 July, if it passes regulatory approval.....
Asia’s top ten largest securities lending balances 12 April 2012 London Reporter: Georgina Lavers Data Explorers have screened the major Asian markets ex. Japan to look at how securities lending balances are distributed throughout the continent...
BNY Mellon expands collateral management services 12 April 2012 New York Reporter: Georgina Lavers BNY Mellon will allow futures commission merchants (FCMs) to post a wide range of collateral...
Vietnam chops regulation for securities lending 11 April 2012 Hanoi Reporter: Georgina Lavers A draft containing possible regulation changes could give the Vietnam securities lending market a sizeable boost if it were to be passed...
Ben Bernanke adds to critics of shadow banking 10 April 2012 Stone Mountain Reporter: Georgina Lavers Federal Reserve chairman Ben Bernanke called for new steps to limit the reach of shadow banking...
Rise in sec lending and collateral management for Clearstream 10 April 2012 Luxembourg Reporter: Georgina Lavers Clearstream has released its March 2012 figures, which saw a 6 per cent rise in its global securities financing services...
