13 July 2016Washington DC Reporter: Stephanie Palmer
Citigroup Global Markets has admitted wrongdoing and agreed to a $7 million penalty to settle charges that it provided incomplete blue sheet information to the SEC over a 15-year period...
Euroclear and DTCC have secured State Street as a participant in a pilot programme to test their joint venture’s margin settlement messaging service...
The Basel leverage ratio fundamentally threatens the business model of clearing members and will endanger the stability of the global financial markets, according to an industry letter...
Blockchain specialist the NXT Core Development Team has launched a suite of smart contract templates, designed to improve security and cut costs of coding for distributed ledger transactions...
11 July 2016Richmond, Virginia Reporter: Stephanie Palmer
Northern Trust has been selected to provide global custody services for the investment funds of the Virginia Commonwealth University Investment Management Company...
Five financial industry associations have joined forces to express concern about the implications of including central bank cash balances within Basel III’s leverage ratio framework...