This was previously a fund鈥檚 total assets. New non-redeemable investment funds must comply with the rule change by 22 September. Existing funds have until 21 September 2015 to comply...
Though M&A was less noteworthy than previous months, convertible bond deals in Europe picked-up totalling 鈧1.48 billion in May according to research by Deutsche Bank...
Central clearing significantly reduces systemic risks and their amplifying factors in financial markets, according to a whitepaper by Eurex Clearing...
The monthly average outstanding for Global Securities Financing (GSF) services reached 鈧626.9 billion in June 2014, according to figures from Clearstream...
08 July 2014London Reporter: Catherine Van de Stouwe
Deutsche Bank has aligned its trust and securities services, cash management for financial institutions and financial institutions and securities sales businesses into a single unit within the Bank鈥檚 Global Transaction Banking (GTB) division...
07 July 2014London Reporter: Catherine Van de Stouwe
Northern Trust has won two contacts for global custody services of Cambridgeshire and Northamptonshire pension funds under the Local Government Pension Scheme (LGPS)...
On 1 July, Absa Bank, the South African banking entity of Barclays Group Africa, became the first-ever domestic South African entity to execute a securities finance trade via the EquiLend trading platform...
Amherst Securities Group and Pierpont Securities have entered into a definitive agreement to merge, in a transaction that will create a fixed-income broker-dealer...
A Clearstream-sponsored study has revealed the need for a 鈥渃ollateral value chain鈥 in order to enable up to 鈧40 billion in equity capital savings for European banks...