Solid as a BlackRock 26 October 2015 New York Reporter: Drew Nicol BlackRock’s Q3 securities lending revenue stood firm year over year but fell $32 million below the previous quarter...
China cuts interest rates…again 26 October 2015 Shanghai Reporter: Drew Nicol The People’s Bank of China has cut its one-year benchmark interest rate by 0.25 percent to 4.35 percent...
State Street sees sec finance revenue fall in Q3 23 October 2015 Massachusetts Reporter: Drew Nicol State Street’s securities finance revenue fell 27.1 percent in Q3, although it did beat the previous year’s results...
US sec lending dwarfs next nine markets combined 23 October 2015 New York Reporter: Drew Nicol The US securities lending market is nearly twice as big as the next nine largest markets combined, according to DataLend’s latest report...
Market volatility a boon for sec lending 23 October 2015 New York Reporter: Drew Nicol The US market’s recent slump has allowed short sellers to return to the market in levels not seen for several years, according to Markit’s latest data...
ISLA appoints new board 21 October 2015 London Reporter: Drew Nicol The International Âé¶¹´«Ã½ Lending Association has elected a new board of directors...
SunGard’s hottest stocks 21 October 2015 London Reporter: Drew Nicol SunGard’s Astec Analytics has compiled its list of the most desirable stocks for securities lending for the week starting 19 October...
Deutsche Bank gifts hedge fund $6bn by mistake 21 October 2015 Frankfurt Reporter: Drew Nicol Deutsche Bank accidentally gave $6 billion to the wrong client, according to reports...
SEC settles six short selling cases for $2.5m 20 October 2015 Washington Reporter: Drew Nicol The US Âé¶¹´«Ã½ and Exchange Commission will collect $2.5 million from six firms that settled cases of violations of Rule 105 of Regulation M...
Clearstream’s sec financing service dips for September 19 October 2015 Luxembourg Reporter: Drew Nicol Clearstream’s global securities financing (GSF) services figures showed its monthly average outstanding dropped 8 percent in September...
CloudMargin and OpenGamma improve OTC clearing 19 October 2015 London Reporter: Drew Nicol CloudMargin and OpenGamma are joining forces to tackle clients’ increasingly complex risk management needs...
RMASL: CCP collateral rules are a worry 16 October 2015 Miami Reporter: Drew Nicol Central counterparties’ collateral policies could spook beneficial owners, according to Jonathan Arnesen of BNP Paribas...