Former Deutsche Bank global securities lending head starts new role at MUFG
Tim Smollen had spent over a decade at Deutsche Bank and was inducted into the GC Hall of Fame as a legend in 2013.
Tim Smollen had spent over a decade at Deutsche Bank and was inducted into the GC Hall of Fame as a legend in 2013.
Trade wars, Brexit and central bank actions weighed heavily on hedge funds' securities lending programmes.
We break down the biggest stories of 2019 and what they meant for the global securities services industry.
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.
The project has been lauded by industry experts, and HQLAx founder Guido Stroemer was included in Global Custodian’s 30 to Shape the Future list.
SGX stated the new rates would make it more attractive for institutional investors to borrow, and could result in higher volumes.
The peer-to-peer model appears to have turned a corner as global custodians rollout a number of initiatives to encourage end-users to transition.
JP Morgan has spent the last year implementing a new look to its global agency securities lending team.