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OCC at risk of losing AA+ S&P rating


20 May 2016 Chicago
Reporter: Drew Nicol

The Options Clearing Corporation has issued a response to Standard & Poor’s putting the central counterparty’s credit rating on CreditWatch with a negative designation...
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Linedata expands to Casablanca


18 May 2016 Casablanca, Morocco
Reporter: Stephanie Palmer

Investment management solution provider Linedata has opened a new office in Casablanca, Morocco, to improve its presence in North African and sub-Saharan markets...
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LSEG-Deutsche Börse merger documents imminent


18 May 2016 London
Reporter: Stephanie Palmer

Shareholder documentation on the merger of the LSEG and Deutsche Börse is on track to be published in June, according to an update from the two institutions...
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ICAP to rebrand for NEX generation


17 May 2016 London
Reporter: Stephanie Palmer

ICAP is set to change its name to NEX Group after the sell-off of its hybrid voice broking and information business...
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BNY Mellon: real assets increasingly attractive


13 May 2016 New York
Reporter: Mark Dugdale

Real estate, infrastructure and private equity managers anticipate strong growth in assets in the next five years, according to BNY Mellon...
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SocGen sees strong Q1 prime services growth


10 May 2016 Paris
Reporter: Drew Nicol

Societe Generale’s prime services registered an 11 percent increase in revenue in Q1 2016, the bank’s latest quarterly results have revealed...
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Korea Exchange pairs with DTCC


10 May 2016 Seoul
Reporter: Stephanie Palmer

The Depository Trust & Clearing Corporation has signed a memorandum of understanding with the Korea Exchange to cooperate on a trade repository solution in Korea...
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Northern Trust acquires Aviate


06 May 2016 London
Reporter: Stephanie Palmer

Northern Trust has completed its acquisition of Aviate Global LLP, an institutional equity brokerage firm offering market research and execution services...
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IBM tackles blockchain's security concerns


05 May 2016 New York
Reporter: Drew Nicol

US technology giant IBM is working with the likes of BNY Mellon to create a “tamper-resistant” blockchain solution for trading and transfer of assets...
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ALFI: Asset managers gotta make a change


04 May 2016 London
Reporter: Stephanie Palmer

The asset management industry will have to make some significant strategic changes if it is to stay relevant in the modern market, according to Sony Kapoor...