02 November 2017Washington DC Reporter: Stephanie Palmer-Derrien
Cybercrime poses a serious threat to financial stability, according to Kenneth Bentsen, president and CEO of the Securities Industry and Financial Markets Association
According to BNP Paribas, this can be partially attributed to the “ramping up of new mandates” and the launch of a triparty collateral management offering
Starting from 20 November, Bond Connect will extend China’s Interbank Bond Market (CIBM) to Clearstream clients throughout the rest of the world via Hong Kong
Despite the uncertainty that came after the referendum results last year, Clearstream said its main objective through Brexit was to minimise risk of cross-border settlement
BNY Mellon has been appointed as successor depositary bank by both BASF, a German-based chemical company and Orange, the telecommunications company, for their American depositary receipt programmes
As a triparty collateral agent, BNP Paribas Securities Services handles its clients’ collateral needs, from net exposure calculation, automatic collateral allocation and substitution, to physical settlement and custody
