The State of Wisconsin Investment Board has expanded BNY Mellon’s mandate to provide middle-office investment services for assets worth $105 billion...
Sovereign wealth funds are in a unique position to plug gaps in the securities lending and repo markets left by regulatory reform in the over-the-counter derivatives space, according to BNY Mellon...
The Federal Reserve Bank of New York has confirmed it is considering publishing three new benchmark rates based on overnight repo trades as a way of improving market transparency...
J.P. Morgan may have to delay its departure from the US government securities clearing market if the Federal Reserve deems BNY Mellon’s subsequent monopoly to be a risk to market stability...
Sovereign institutions are considering expanding their commitment to securities lending to increase returns and to help alleviate what they perceive as a threat to liquidity in the financial markets, according to a new survey...
BNY Mellon has upped the ante in the race to achieve efficient real time payments by becoming one of the first participants to incorporate the Real-Time Payment system being developed by The Clearing House...
The third wave of Target2-Securities implementation will be the tipping point that decides whether the project justifies the investment that has been made in the platform, according to BNY Mellon’s Tom Casteleyn...
Mark Hutchings has been appointed as the International Securities Lending Association’s (ISLA) new COO following the promotion of Andrew Dyson to CEO...
Market participants need to become more efficient when financing their transactions, according to BNY Mellon, whose report outlines the strategies to adopt in collateral management...