Industry attention turns to SFTR as other regulations pass
For the first time, trade reporting requirements will be imposed on repos and other securities financing transactions.
Securities Finance
Vanguard, Citi and Morgan Stanley join IHS Markit SFTR reporting service
The securities lending and prime brokerage divisions of five banks and Vanguard have joined the SFTR design partner group.
Goldman Sachs targets small borrowers with LPL Financial
Goldman Sachs partnered last year with Fidelity Custody and Clearing Solutions to provide securities lending services to smaller-sized clients.
Citi wins securities lending mandate for $108 billion mutual funds
Citi will provide third-party securities lending services for Hartford Funds mutual funds.
Goldman Sachs securities lending veteran departs
Martin Cosgrove recently resigned from the board of Equilend Europe.
Growth in non-liquid funds forcing prime brokers to diversify
Deutsche Bank's survey showed demand for hybrid private equity/ hedge fund vehicles have seen an upward trend, with 38% of respondents investing in these products.
Nomura taps Credit Suisse for new global co-head of prime finance
The appointment signals a bid to revitalise the business, two years after Nomura significantly re-sized its European prime brokerage unit.
Citi makes landmark move to accept ETFs as collateral
Citi’s plans to go live with a fund administration service for European exchange traded funds (ETF) in 2018.
Broadridge to launch electronic repo trading platform
The Repo Order Quote service provides traders with the ability to quote and execute repo trades on aggregate basis.
State Street testing blockchain system for securities lending, says CEO
Hooley told Global Custodian the bank is underway with a number of pilot blockchain programmes to streamline and automate processes.