Securities Finance

Interim CEO Todd Gibbons believes the interoperable model will help increase its global market share of the tri-party market. 

Acquisitions, high-profile hires and a new securities lending offering have been among the highlights of MUFG’s first year under new investor services chief John Sergides.

The rollout of the new platform is the latest innovation from the securities finance firm over the past year to enhance the collateral management infrastructure.

Having launched in the summer of last year, TreasurySpring has already issued more than $1 billion of its Fixed-Term Fund (FTF) to over 25 clients.

Tim Smollen had spent over a decade at Deutsche Bank and was inducted into the GC Hall of Fame as a legend in 2013.

ESMA would grant a 12-month reprieve for market participants to provide an LEI for a security issued from a third-country when reporting SFTs.

Trade wars, Brexit and central bank actions weighed heavily on hedge funds' securities lending programmes. 

The council aims to introduce wide-ranging solutions for sustainable securities lending through the introduction of new principles.

Addressing data issues and the dual-reporting regime set out in SFTR were among the top priorities for ISLA.

The Japanese pension fund giant has halted securities lending from its foreign equity portfolio citing a lack of transparency over the process.