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.
Tag: securities lending
CIBC Mellon wins asset servicing mandate from $13 billion Canadian pension and benefits agency
Services to include global and domestic custody, institutional accounting and securities lending for the agency.
MUFG Investor Services to use EquiLend as core securities lending platform
MUFG Investor Services will leverage the Equilend Spire securities finance system for all pre- and post-trade services wrapped up in one solution.
Bank of America goes live on joint Wematch-Pirum securities lending platform
The two firms have partnered to develop a front-to-back securities lending solution using the Wematch platform for mutual clients.
ISLA welcomes Norges Bank Investment Management to ESG working group
The trade body brings on one of the world’s most vocal proponents for ESG standards, providing a significant backer to the group’s ESG agenda.
Securities lending can be compatible with ESG, finds new study
A study from EY and PASLA found 89% of its members believe securities lending is compatible with ESG principles.
OCC to revamp securities lending clearing tech with DLT
The clearing house has partnered with blockchain-specialist Axoni to develop the new system, and development is slated to begin in the second quarter of this year.
How ESG-friendly is securities lending?
As environmental, social and governance factors become ingrained on investment decisions, a landmark move by a Japanese pension fund has sparked an industry-wide debate over sustainability and securities lending.
Beneficial owners increasingly aligning governance programmes with securities lending
Securities lending experts argue beneficial owners are taking greater ownership over their governance responsibilities and applying these principles to securities lending programmes.
BBH’s new securities lending leadership places data services at the heart of execution offering
BBH appointed two long-time members of the business as co-heads of global securities lending, replacing Keith Haberlin who was appointed as head of BBH’s FinTech department.