SecFinex, the online marketplace for securities finance, conceded today that the weak equity lending markets were not an easy environment in which to revolutionise a marketplace. The firm announced that it had completed a restructuring program that aims to "allow
JPMorgan Institutional Trust Services today initiated same day settlement of the first Euro Commercial Paper (ECP) issuance via Euroclear France. J.P. Morgan Securities Ltd. was dealer for ECP issuer Reseau Ferr De France, the owner and the manager of the
Reech Capital PLC has signed a deal with SNS Bank, the banking arm of the Dutch banc assurance SNS Reaal Group, to be its exclusive provider of regular mark to market valuation of the derivatives it enters into as hedges
Quite what the burghers and burglar alarm manufacturers of Manchester gathered at a Commonwealth Games business breakfast made of the speech yesterday by Howard Davies, the chairman of the UK Financial Services Authority (FSA), is hard to say. He told
The leading custodian banks in Japan met with the Ministry of Finance (MOF) and the Financial Services Agency (FSA) in Tokyo earlier this week to discuss the mechanics of the changeover to the new JGB Book entry system scheduled for
Amid the post Worldcom carnage in the distressed debt market, the Standard Liberty Distressed Securities Fund a joint venture between Liberty Ermitage ("Liberty") and Standard Bank ("Standard") says it managed a positive performance in May of (+0.69 per cent) and
Bill Kelly, the former Bankers Trust executive who headed securities lending marketing and sales for Deutsche Bank in the United States, has left the firm to join Bank of New York. His departure is yet another sign of the disintegration
London Clearing House (LCH), operators of the RepoClear central counter party netting service for the European repo markets, has sought to boost liquidity by offering firms with insufficient volumes to justify full membership the option to clear via a larger
Hopes of a final resolution of the long running dispute between Euroclear and Clearstream over the alleged difficulty that some clients of Clearstream Banking Frankfurt (CBF) have in delivering securities to Euroclear account holders during the daylight settlement cycle look