18 December 2012Washington D.C. Reporter: Jenna Jones
Sung Kook Hwang, a manager of two New York-based hedge funds, and his two firms have agreed to pay $44 million to settle US SEC charges over short selling...
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...