After almost three decades at financial services company Northern Trust, John Irwin has departed from his role as global head of trading for securities lending
The Fintech Open Source Foundation will provide a repository to foster the growth of an open-source community for the Common Domain Model, with hopes to migrate to FINOS by 2023
Northern Trust has welcomed a series of hires within its global capital markets business, and has also established a dedicated capital markets client solutions team
The China Foreign Exchange Trading System and Clearstream have entered into an infrastructure cooperation to support triparty repo using ESG-compliant bonds
New EU capital rules scheduled for 2025 could result in up to a 500% capital cost increase for banks of engaging in securities financing trades with pension and mutual funds, according to research from Credit Benchmark
The global securities finance industry generated US$878 million in revenue for lenders in August 2022, representing a 6 per cent decrease from July 2022, according to DataLend
