JPMorgan Worldwide Securities Services has been selected by the State of Georgia Office of Treasury and Fiscal Services (OTFS) as lending agent for two portfolios of US fixed income assets managed by OTFS. This is the first securities lending arrangement
Financial consulting firm Treasury Strategies, Inc. released this week a survey of the top cash management agents used in investing U.S. corporate cash, ranking JP Morgan at the top of the list. After interviewing 663 large corporate and middle market
The Eurex Bonds trading platform has extended its reach to include euro denominated government bonds from Austria and the Netherlands. It starts trading the instruments on 27 June 2005. Since November 2004, Eurex Bonds has been offering bonds from the
Ian Robinson, Head of Credit Strategy at F&C, says the latest craze in bond issuance is 'step up perpetual subordinated corporate debt. These are bonds with no redemption date but where the issuer has a call option to buy the
It was confirmed today that Richard Steele of JPMorgan Worldwide Securities Services had succeeded Mark Hutchings as chairman of the International Securities Lending Association (ISLA). His election was secured on 19 May. A securities lending veteran with almost twenty years'
Standard & Poor's today launches its web based research and reporting tool, Ratings IQuery, to equip fixed income professionals with better functionality for mining its historical credit ratings database. S & P says Ratings IQuery expands the range of research
Bank of America has announced five hires to its European Commercial Paper (ECP) team. This team is part of the bank's Global Short Term Fixed Income platform that reports into New York based Bob Beehler, Head of Global Short Term
UK Government net reserves fell by $481 million in May 2005, bringing the end May total to $18,359 million (£10,074 million) compared with $18,841 million (£9,864 million) at end April 2005. Bank of England net holdings of foreign currency and
Bloomberg has reported that European trading volumes in credit and non government trading asset classes on the Bloomberg multi dealer platform ALLQ increased by 300% in the first quarter of 2005 to approximately US$ 108 billion, compared to US$ 27