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BNY Mellon SBL revenue hits two-year high
16 July 2020 New York
Reporter: Natalie Turner

BNY Mellon achieved a 28 percent year on year revenue increase to secure its highest quarterly earnings since 2018

EquiLend reveals new promotions
10 July 2020 New York
Reporter: Natalie Turner

EquiLend has promoted Mike Norwood to take over Alvin Oh’s vacated role of global trading product owner, while, John Surgent, steps up to become head of North American post -trade services.

ICSF gains first agent lender partner and more BO members
09 July 2020 London
Reporter: Drew Nicol

BNY Mellon and the RMA are the latest to partner with ISLA’s Council for Sustainable Finance to promote its principles for sustainable securities lending

DTCC expands custodian community ahead of CSDR go live
01 July 2020 London
Reporter: Rebecca Delaney

The global custodian community of the DTCC has grown to 11 in preparation for the Central Securities Depositories Regulation's go-live in February

Chris Benedict leaves securities finance market
26 June 2020 New York
Reporter: Natalie Turner

Chris Benedict, former director and vice president of product development at EquiLend has left the securities finance market to join Reorg, a data provider focused on stressed and distressed debt analysis

PEBA selects CIBC Mellon for securities lending services
23 June 2020 Toronto
Reporter: Rebecca Delaney

CIBC Mellon will provide national and international custody, securities lending and institutional accounting services to the Canadian public pension fund

BNY Mellon targets asset servicing growth with new role
09 June 2020 New York
Reporter: Maddie Saghir

Pearce, who has been with the back for almost 20 years, will now focus on identifying and accelerating both inorganic and new market entry opportunities

Exclusive: Trading Apps welcomes fresh talent to begin new chapter
07 May 2020 London
Reporter: Drew Nicol

Trading Apps welcomes two new directors and appoints Carol Kemm as consultant director

ISLA bolsters pledge GMSLA with new legal opinions
01 May 2020 London
Reporter: Natalie Turner

The opinions on bankruptcy remoteness support ISLA’s collateral pledge GMSLA by assessing the nature of the borrower’s rights in the pledged collateral and the impact on those rights of the insolvency of the custodian and the lender

BNY Mellon sees Q1 lending boost
20 April 2020 London
Reporter: Drew Nicol

Securities lending revenue hit $46 million for Q1, up 15 percent from Q4 2019

MarketAxess expands STP business development team
16 April 2020 New York
Reporter: Natalie Turner

Paul Cannell joins the MarketAxess post-trade business as part of its STP business development team

DTCC expands board of directors
31 March 2020 New York
Reporter: Maddie Saghir

DTCC adds two new industry veterans to its board of directors