State Street recruits former BNY securities finance EMEA head for global product role
State Street has aimed to offer new products and services to help combat consistent falls in revenues for its securities finance business.
Securities Finance
JP Morgan gives buy-side clients an eagle-eye view of their assets to meet rising collateral demands
JP Morgan's Collateral Transport tool will act as the 'brain' for buy-side firms to manage assets used for securities lending or to meet margin calls.
Peer-to-peer securities lending association adds asset owners giants as new members
The new members include CalSTRS, AustralianSuper, and Thrivent Financial, as the new trade body aims to promote peer-to-peer lending among a wider range of firms.
European investors find new revenues from lending ETF assets
The potential for lending ETF units to generate additional yield could be significant, as investors focus on driving recovery in returns after the COVID-19 crisis.
Nuveen awards State Street new securities lending mandate for $4 billion of assets
State Street has been appointed the securities lending agent for four Nuveen mutual funds with assets of over $4 billion.
SimCorp onboards Dutch pension giant PGGM to SFTR solution
In the first month of using SimCorp’s SFTR cloud solution, PGGM has processed over 320 trades and over 590 valuations.
Cowen recruits ex-Deutsche Bank prime brokerage veteran for Delta One sales
Cowen recruits Deutsche Bank's former head of prime brokerage Americas sales to bolster global securities finance division.
Securities finance and derivatives associations create new alliance
Partnership will see the expansion of e-contracts to help facilitate greater automation in the securities lending markets.
North American pension fund giants set up new association to encourage peer-to-peer securities lending
The associations aims to create a more efficient and actionable way to encourage peer-to-peer trading activity in the securities lending and repo markets for the benefit of asset owners.
COVID-19 and short selling bans lead to new low for global securities finance revenues
The massive fall in revenues was largely caused by lower market valuations and short-selling bans enacted worldwide by regulators.