Northern Trust Hedge Fund Services will provide alternative investment manager CarVal Investors with middle office and administration services including collateral management and profit and loss reporting.
In a continued effort to create the first fully open global market infrastructure to source and mobilise collateral across geographic borders, Euroclear Bank’s ‘Collateral Highway’ has expanded into South Korea...
21 November 2012Kuala Lumpur Reporter: Jenna Jones
Citi now offers securities lending services in Malaysia through its OpenLend platform. The new service will allow offshore and domestic investors access to the Malaysian market...
A meeting whose attendees included the Â鶹´«Ã½ and Exchange Commission of Pakistan (SECP) and the Karachi Stock Exchange (KSE) discussed allowing intraday short-selling, but reached no final decision...
The heterogeneous nature and diverse ownership of central counterparties (CCPs) worldwide mean that they do not conform with regulatory initiatives to impose a single framework for operations and risk management, according to a new report...
12 November 2012Nebraska Reporter: Georgina Lavers
It has been reported that the Nebraska Public Power District Employees Retirement Plan (NPPD) is suing Wells Fargo over claims that the bank misinformed it about the risks of a securities lending programme...
BNY Mellon will continue to provide custody banking services, including securities lending, to the Virginia Retirement System (VRS), after its contract was renewed for five years with an option of extending for another five-year period...
Clearstream has released its October 2012 figures, which reveal an increase in assets under custody, but a dip in global securities financing services.