The US Dodd-Frank Act's Section 165(e) was labelled the “anti-shadow banking act of 2012” at the Risk Management Association's (RMA's) 29th Annual Conference on Securities Lending, while repricing is a "necessary evil"...
The Risk Management Association's Conference on Securities Lending kicked off with a comprehensive update on efforts to reform and transform the US triparty repo market, while a regulatory roundtable warned that the worse is yet to come...
BNY Mellon subsidiary and prime broker Pershing LLC has launched a Canadian affiliate, Pershing Securities Canada Limited, and opened a new offiice in Toronto as it bids to increase its presence in the Canadian market...
Hedge fund assets that are available for prime custody services stood at $684 billion in August 2012, increasing by 40 percent since 2010, according to a new report...
BNY Mellon has made a number of key senior management appointments in its German office. Thomas Brand has been appointed head of investment services for BNY Mellon in Germany. In this new role, Brand will be responsible for...
Pershing, a BNY Mellon company, have launched two new applications as part of the organization's extensive Enterprise Collateral Management offering that automates the process of moving collateral between the custodian and Pershing Prime Services...
Trading and post-trade service provider EquiLend will work with BNY Mellon to migrate the communication of Triparty Required Value (RQV) figures from email to an automated process using the company’s triparty automated deal matching (ADM) platform.