Thirty percent of respondents to a SimCorp poll admitted that it would take days or weeks to estimate the profit and loss of a potential default of the companies to which they are exposed...
Citi was granted access to $28 billion of securities lending assets held by CalPERS in an auction conducted by eSecLending. The lending auction was of $43 billion in US equities...
The ‘shadow banking’ system in the US may not be as large as regulators and market participants fear, but its size could increase as regulatory changes and financial innovation take hold...
Algorithmics, an IBM Company, has launched a new edition of its existing solution, Portfolio Construction and Risk Management for Pension Funds, to help pension funds better manage their funding status...
Smith's departure signals the end of a transition period that began with financial information services company Markit's acquisition of Data Explorers in April...
After Andy Coyne left Citigroup for Traiana, ICAP’s post-trade FX network and processing technology vendor, Citigroup have promoted internally to fill his role...