Global custodians provided capital relief by Dodd Frank amendment
The provision exempts cash placed in central bank reserves by custodians from the calculation of the supplementary leverage ratio.
The provision exempts cash placed in central bank reserves by custodians from the calculation of the supplementary leverage ratio.
The former global head of agency lending product and portfolio advisory at JP Morgan joins the data vendor to lead its commercial strategy and products.
Jamie Dimon praises securities services segment which produces 16% rise in revenues during Q1 2018.
Former JP Morgan exec to join Digital Asset as a senior product manager in the company's Sydney office.
The newly created positions follows an a new focus by BNY Mellon on alternatives investment clients.
The decision to outsource the majority of its back-office functions comes as asset managers face increasing pressures of running their operations teams in-house.
Heitsenrether played a leading role in the landmark $1 trillion custody deal with BlackRock last year.
JP Morgan has made assertive efforts to compete with the technology-orientated administrators in the face of investment bank departures.