Gerard Losurdo, former co-head of Siebert Financial’s securities finance group, will join the New York-based firm alongside Joseph Lotito and Stephen Tran to lead a new securities lending business unit
Using distributed ledger technology, the platform reduces manual intervention across reconciliation and control processes, accelerates key function completion and reduces operational costs, Baton Systems says
Stephen Howard brings almost 30 years’ industry experience to the newly formed position, where he will establish and implement PASLA’s engagement strategy while advocating for Association members
Michael Riggs has more than 20 years of experience working on sustainable development in the UN system, facilitating collaboration with the private sector, governments and civil society organisations in supporting sustainable investment
The goal of the collaboration is to promote greater transparency in corporate ownership and control in support of safer, faster, and more efficient global payment activities
The UK Prudential Regulation Authority (PRA) has pushed back the implementation date for the final phase of Basel III reforms in the UK by six months to 1 July 2025
The most recent Basel III monitoring exercise finds that CET1 ratios for Group 1 banks have grown during H2 2022 to above pre-pandemic levels, rising 0.4 per cent to 13.1 per cent
Godfried De Vidts has joined London Reporting House after a long career in securities finance, including close to two decades at the forefront of the ICMA’s European Repo and Collateral Council