HQLAX announced that BNY Mellon, Goldman Sachs, and HSBC have passed the €1 billion notional milestone in outstanding agency securities lending delivery vs delivery
Mark Whipple, global head of securities lending at Invesco, will chair the newly created board of directors, following the association’s recent expansion into the US
In his new role, Fox will be responsible for strengthening the market and financing services offering in the US, including securities lending, triparty collateral management and financing
The round includes contributions from existing shareholders such as BNP Paribas, BNY Mellon, Citigroup, Deutsche Börse Group, Goldman Sachs and J.P. Morgan
Shane Kuros returns having most recently served as global head of business development for banks, broker dealers and advisors and Hedgemark at BNY Mellon