BlackRock reported higher quarter-over-quarter and year-over-year securities lending revenue in its Q2 2017 results, as clients began to put more of their assets to work
Revenue from equities sales and trading fell to €537 million from Q2 2016, a drop that Deutsche Bank blamed on declining prime finance revenues, although it’s unclear by how much they decreased
State Street earned securities finance revenue of $179 million in Q2 thanks to a boost at the bank in enhanced custody, as its assets under custody and administration exceeded $31 trillion for the first time
The hedge fund industry has recorded one of its strongest H1 performance periods since the financial crisis, according to data and intelligence provider Preqin
Northern Trust is set to establish a banking presence in Luxembourg, and has appointed a new head of continental Europe, in a move that it says is “further establishing its commitment to the regionâ€
19 July 2017 Sandton, South Africa Reporter: Drew Nicol
CloudMargin and South African central securities depository Strate have integrated their platforms to provide improved automation and efficiencies to the country’s OTC derivatives market
BNY Mellon is set to provide securities lending services for Kentucky Retirement Systems, a major US public retirement fund and longstanding participant in the securities lending market.