"Overall improvement is always welcome, even if moves are minor. As important as banks are to the real economy, entities like clearers and custodians are the backbone of the financial system," David Carruthers highlights
Credit Suisse Group has agreed to pay nearly US$475 million to US and UK authorities for fraudulently misleading investors and violating the Foreign Corrupt Practices Act
The e-FX hub, which was developed in partnership with MAS, enables Deutsche Bank’s clients to execute FX transactions more closely aligned to geographic location, helping make trade execution times faster
The Central Securities Depositories Regulation (CSDR) rulings, relating to mandatory buy-ins, are “fundamentally flawed”, according to James Cunningham, head of European regulatory and market initiatives at BNY Mellon
"Another important milestone in the evolution of Goal Group to facilitate our ongoing mantra of continuous improvement and excellent client service," says Stephen Everard, Goal Group CEO
“With ALERT, we are able to bring greater efficiency, risk mitigation, and accuracy to the post-trade settlement process for our client base,” says Wayne Francis
Isabelle Delorme (pictured), deputy CEO of ESES CSDs Euroclear France, Euroclear Belgium and Euroclear Nederland comments: “We are extremely pleased to have worked on this pioneering project with our industry partners and the Banque de France"
