鈥楽hadow banking鈥 was one of the worst terms that could have been coined to describe activities such as securities lending, according to Steven Maijoor of the European Securities and Markets Authority...
HSBC Securities Services has expanded its broker-dealer outsourcing solution to cover Europe, Asia, the US, Latin America, the Middle East and North Africa...
The European Association of CCP Clearing Houses (EACH) is urging regulators to exempt CCPs from the bail-in provisions of the banking recovery and resolution framework proposal...
Concept Capital Markets has recruited Jay Davis from J.P. Morgan as senior vice president for client service in its prime brokerage services group. The firm has also opened a new office in San Francisco...
The Chicago Board Options Exchange will pay a $6 million penalty and implement major remedial measures for 鈥淸failing] to enforce or even fully comprehend rules to prevent abusive short selling鈥...
Singapore Exchange is consulting the public on proposed circuit breakers for the securities market. Subject to regulatory approval and industry readiness, it plans to introduce them by the end of 2013...
Ruston Smith has been appointed chairman of the National Association of Pension Funds. He will succeed Mark Hyde Harrison, whose two-year tenure ends at the NAPF Annual General Meeting on 18 October...
The CEO of AIMA is stepping down from his role at the end of the year. Andrew Baker has been CEO since the beginning of 2009. The association is in the process of finding his successor...