Peer-to-peer repo programme supports overnight and term repo trades between participating buy-side firms, with State Street offering guarantee for trades that meet programme requirements
Bank of England governor becomes chair of the Financial Stability Board's supervisory and regulatory cooperation standing committee, with Saudi central bank governor and FDIC chair also becoming committee heads
The Association for Financial Markets in Europe is investigating the implications of the pandemic for the Basel capital buffer framework and the hesitancy from banks to draw on their capital buffers during COVID-19
Ivan Gilmore will be responsible for the development and management of LCH Ltd and SA, overseeing the clearing of cash equities products and leadership of the services
The US investment bank becomes the second foreign financial institution to take full ownership of its joint venture in China after J.P. Morgan Chase was granted approval in August