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Global securities lending revenues rise 20% YoY for H1 2023, says EquiLend鈥檚 Allen

27 July 2023 US
Reporter: Carmella Haswell

Equities played a major role in the global increase in lending revenue, contributing US$4.42 billion in H1 2023 revenue, and representing an 18 per cent YoY rise, as highlighted in EquiLend鈥檚 half-year edition of The Purple

Michael Carty swaps Euroclear for LME Clear

26 July 2023 UK
Reporter: Jenna Lomax

Michael Carty has stepped down from his role as CEO of Euroclear UK & International, a role he began in 2020

ESMA withdraws third-country recognition from UAE CCPs

26 July 2023 UAE
Reporter: Bob Currie

The European Commission has highlighted 鈥渟trategic deficiencies鈥� in the UAE鈥檚 anti-money laundering and counter financing of terrorism regime and added the jurisdiction to its list of high-risk countries on 16 March 2023

Pirum hires Messina to North American team

25 July 2023 US
Reporter: Carmella Haswell

Gary Messina, former EquiLend vice president in client relationship management, joins Pirum as associate director of sales origination

Credit Suisse fined 拢87 million for Archegos failings

25 July 2023 UK
Reporter: Bob Currie

The Prudential Regulation Authority has imposed a fine of 拢87 million on Credit Suisse for risk management failures relating to its dealings with Archegos Capital Management, the limited partnership family office that collapsed in March 2021