On 40th Anniversary in Business, DTCC Unveils New Brand Identity
The Depository Trust & Clearing Corporation (DTCC) is celebrating 40 years in business with a new corporate brand identity: Securing Today. Shaping Tomorrow.
Diary
BNP Paribas Cements Global Footprint, While AIFMD Presents Opportunity for its Depot Bank
BNP Paribas Securities Services CEO Patrick Colle talks about a turning point for the securities services provider in 2012 and how AIFMD will change operating models of hedge fund depositories and prime brokers.
Director Quits Nomura After Misconduct Probe
Shigeru Shinohara, chairman and CEO of Nomura Asset Management UK (NAM UK) has left the firm following an investigation into allegations he made inappropriate advances towards a junior employee.
BME Will Look at Potential Acquisitions, Including Euronext, Says Director General
The Spanish stock exchange will focus on its integrated pre-to-post trade business model to maximize shareholder returns but will look at potential acquisitions, said Javier Hernani. In addition, the director general said further investment in T2S is likely.
DTCC Provides Update on Global Trade Repository, Reveals Potential Impediments to Cross-border Data Sharing
DTCC Deriv/SERV this week gave an update on its global trade repository and revealed a potential legislative u-turn on the indemnification provision to cross border data sharing.
Regulatory Round up: Deadline for CCP and CSD Recovery and Resolution Regime Reached; ESMA Consults on Guidelines for CCP Interoperability
The deadline for responses to the European Commissions consultation on a possible framework for the recovery and resolution regime for financial institutions was reached on Friday, Dec. 28.
European Cities Dominate Mercer's Quality of Living List
Vienna again topped this years Quality of Living Survey, conducted annually by Mercer, followed by Zurich, Auckland, Munich and Vancouver in the top five.
T2S and AIFMD Drive Global Strategy Rethink By Network Managers
TARGET2-Securities (T2S) and the Alternative Investment Fund Management Directive (AIFMD) are driving network reviews among global securities services providers as they rethink how they connect to emerging markets going forward.
Securities Services Providers to Answer Collateral Call With Synthetic Securitizations
Securitizations of credit risk and commodities are increasingly being used to address the anticipated collateral shortage as the new regulatory framework takes shape, delegates at the Global Custody Forum heard yesterday.
Notice: New York Awards for Excellence Dinner Location Change – Wednesday, Nov. 7, 2012
Due to flooding at the Ritz-Carlton, Battery Park, following Hurricane Sandy in New York last week, the venue for the Global Custodian Awards for Excellence Dinner has been changed. The date (Wednesday, November 7) remains the same. The new location is Park Central Hotel, 870 Seventh Avenue, New York, NY 10019.