State Street sets up Boston Headquarters 24 January 2019 Boston Reporter: Maddie Saghir State Street announces new Boston flagship headquarters
Northern Trust's securities lending fees decline for Q4 24 January 2019 Chicago Reporter: Maddie Saghir Northern Trust’s Q4 2018 results revealed a decline in securities lending fees
Last year sees best post-crisis annual lending revenues 24 January 2019 New York Reporter: Maddie Saghir Annual lending revenues were $10.7 billion in 2018, the best result since the crisis
EFAMA: Net sales of equity funds rebounded in November 24 January 2019 Brussels Reporter: Jenna Lomax UCITS and AIFs registered net outflows of €38 billion in November 2018, compared to net inflows of €1 billion in October, according to EFAMA
IHS Markit: Progress towards SLPM solution is underway 24 January 2019 New York Reporter: Maddie Saghir Following client feedback, Sam Pierson of IHS Markit says progress towards a solution for beneficial owners is underway
Levels of automation continue to increase, says Don D’Eramo 23 January 2019 Toronto Reporter: Maddie Saghir Levels of automation are continuing to increase as both borrowers and agent lenders look to streamline flows, according to Don D’Eramo of RBC I&TS
AcadiaSoft bolsters team 23 January 2019 London Reporter: Jenna Lomax Based in New York, Pucciarelli will be responsible for maximising the firm’s outreach to initial margin phase 5 firms
ING signs Corda Enterprise deal with R3 22 January 2019 London Reporter: Maddie Saghir ING Bank has signed a five year deal with enterprise software firm R3 for an unlimited number of Corda Enterprise licences
GPP: concerns over hedge fund performance are short-term 22 January 2019 London Reporter: Jenna Lomax Concerns over hedge fund performance in Q4 2018 are short-term and dramatically overplayed, according to Sean Capstick, head of prime brokerage at GPP
SLC: DLT demand to grow in securities lending 21 January 2019 London Reporter: Maddie Saghir There is a broad interest in making use of DLT in the securities lending markets and across financial markets more broadly, SLC noted.
State Street cuts 1,500 senior management jobs, Q4 results released 18 January 2019 London Reporter: Maddie Saghir State Street has cut 15 percent of its workforce, approximately 1,500 jobs as the bank releases its Q4 results
Soc Gen to sell custody, trustee and derivatives clearing services 18 January 2019 Johannesburg Reporter: Maddie Saghir Absa Group is to acquire Societe Generale’s custody, trustee and derivatives clearing services operated in Johannesburg
