BNY Mellon wins custody, sec lending mandate for Wichita pension fund
The mandate will also include accounting and reporting, compliance monitoring, benefit disbursements, and cash sweep services.
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Applying knowledge to outsourcing
Eric Roussel, Global Head of Product Management at BNP Paribas talks to Business@Sibos about how deep knowledge of market issues can be used to help clients cope with change.
Accuity announces branding refresh
Firm will align several legacy brands to ensure a more joined-up approach for clients.
Waves of new business arriving for mid-tier prime brokers
Tier two or ‘mid-tier’ prime brokers are winning a significant number of mandates from hedge funds which have either been exited by bulge bracket primes or who are struggling to be on-boarded by traditional players.
CME’s Singapore clearing house approved by regulators
The Monetary Authority of Singapore (MAS) has formally granted CME Group the status of Recognised Clearing House, with effect from 18 May.
European Council officially confirms MiFID II delay
The European Council has approved the delay to MiFID II after reaching an agreement with the European Parliament.
MiFID II delays spur ‘wait and see’ approach to compliance
The one-year delay in MiFID II means more companies are taking a step back.
ICAP rebrands as NEX after Tullett deal completes
ICAP has changed its name to NEX Group, with the former brand being taken over by Tullett Prebon as part of the sale of ICAP’s voice broking business.
P2P systemic risk level not comparable to banks, says panel
P2P lenders, online platforms connecting borrowers with lenders, will not pose a level of systemic risk comparable to the banks, according to experts at the Guernsey Fund Forum Conference in London.
‘Perfect’ reporting under MiFID II very unlikely by 2018
Industry experts agreed the reporting requirements under MiFID II have brought about ‘unintended consequences’, and firms will not perfect reporting by the 2018 deadline.