Wells Fargo will pay Sarasota County $23.75 million to settle claims that Wachovia Bank, which it acquired at the peak of the financial crisis, mismanaged the county’s securities lending portfolio between 2007 and 2008...
A new paper from BNY Mellon in association with banking consultants Rule Financial examines the impact that a reform of the OTC derivatives markets will have on all users of those instruments...
CME Clearing Europe has selected BNY Mellon to provide triparty collateral management services supporting the buy side, sell side and clearing houses...
Euroclear Bank and CME Clearing Europe have signed an agreement to help mutual clients fulfil their collateral obligations to meet initial margin requirements at CME Clearing Europe...
Clearstream has released its November 2012 figures, which show an increase in assets under custody, but a decrease in global securities financing services (GSF)...
06 December 2012Brussels and Hong Kong Reporter: Jenna Jones
UBS London and HSBC, Hong Kong have completed their first renminbi (RMB) triparty repo using Euroclear Bank and the Hong Kong Monetary Authority (HKMA) as collateral management agents...
Wells Fargo Â鶹´«Ã½, the capital markets and investment banking business of Wells Fargo & Company, has rebranded recently acquired Merlin Â鶹´«Ã½ to Wells Fargo Prime Services...
OCC securities lending central counterparty (CCP) activities saw a 38 percent increase in new loans year-on-year with 72,740 transactions in November...