Clearstream and Eurex roll out capital savings initiative for European repo market
The move could provide significant savings for banks that have faced increased regulatory costs to trade in the balance sheet-intensive repo market.
Tag: capital
JP Morgan aims to free up balance sheet with new Eurex Repo service
Banks are attempting to find ways to reduce their capital-intensive repo trading activity in order to avoid penalties.
GPP to shutter prime brokerage business
The firm will begin an orderly wind-down of the business, which is anticipated to take up to 12 months to complete.
Buy-side voluntary clearing set to take off
Regulation and collateral costs have made the cleared derivatives market much more attractive for the buy-side, but what else will it take for them to voluntarily take part?
Global custodians provided capital relief by Dodd Frank amendment
The provision exempts cash placed in central bank reserves by custodians from the calculation of the supplementary leverage ratio.
JP Morgan closes GCF repo settlement
The move to withdraw from GCF repo settlement will affect around 30 broker-dealer clients.
Capital rules challenge by Bank of England
The Basel Committee has received mounting pressure to review its capital framework.