The US District Court, District of Minnesota has granted final approval of a $62.5 million settlement in a class action against Wells Fargo Bank on behalf of participants in the bank’s securities lending programme...
14 August 2014London Reporter: Catherine Van de Stouwe
Research by 4sight and Rule Financial shows that many financial firms are still to start preparations for collateral management of centrally cleared derivatives...
Wells Fargo Â鶹´«Ã½ will go-ahead with the launch of its self-clearing prime brokerage platform after receiving approval from the Financial Industry Regulatory Authority...
Growing industry demand for Global Â鶹´«Ã½ Financing (GSF) services has caused Clearstream’s monthly average outstanding to increase to €619.5 billion for the month of July 2014...
The M&A market has soared since the start of year, but recent conditions have proven more difficult, with two major merger deals collapsing, according to research from the Lyxor managed account platform...
11 August 2014London Reporter: Catherine Van de Stouwe
The first-order effect of the global effort to increase regulation of fixed-income trading has been to increase regionalisation in the treatment of collateral at European and US clearinghouses, according to TABB Group...
Balances on loan for US equities have risen 70 percent since the collapse of Lehman Brothers, according to an analyst at SunGard’s Astec Analytics...