All industry news

DSB’s unique product identifier user acceptance tests to be available from April

23 February 2023 UK
Reporter: Jenna Lomax

The Derivatives Service Bureau has announced that its unique product identifier user acceptance test environment will be available from 17 April 2023

FSB releases 2023 work priorities

21 February 2023 Switzerland
Reporter: Lucy Carter

The Financial Stability Board has published its work priorities for the year ahead in a letter to G20 finance ministers and central bank governors

“The picture is not bleak” for hedge funds, eVestment report says

20 February 2023 US
Reporter: Lucy Carter

Hedge funds saw a US$22.6 billion decline in assets in 2022, but these figures “are not as dire as the headlines would indicate,” according to eVestment’s most recent report

CIBC Mellon to merge trust company and global securities services into one entity

17 February 2023 Canada
Reporter: Jenna Lomax

CIBC Mellon has announced its intention to amalgamate its CIBC Mellon Trust Company and its CIBC Mellon Global Securities Services Company

SEC restates commitment to move to T+1 by May 2024

15 February 2023 US
Reporter: Jenna Lomax

The affirmation was made at an Open Meeting conducted by the SEC today (15 February)

BNP Paribas installs Kerdoncuff as head of asset owner clients in Australia and NZ

14 February 2023 Australia, New Zealand
Reporter: AST

After six years as the bank’s head of China, Philippe Kerdoncuff joins new role working with buy-side clients and will report to Daniel Cheever and Philippe Tassin

Credit Suisse acquires MK&C as part of CS First Boston carveout

13 February 2023 US
Reporter: Lucy Carter

Credit Suisse Group has successfully acquired M. Klein & Company’s investment banking business The Klein Group, making further progress with the carveout of Credit Suisse First Boston announced in October 2022