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J.P. Morgan launches working capital index


02 July 2019 Singapore
Reporter: Rebecca Delaney

J.P. Morgan has launched the J.P. Morgan Working Capital Index to allow firms to grade and analyse their working capital within the industry
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Clearstream promotes Jean-Robert Wilkin


01 July 2019 Luxembourg
Reporter: Jenna Lomax

Clearstream has appointed Jean-Robert Wilkin as executive director of banking, funding and financing, head of business development
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Ex-Banca IMI executive pleads guilty to criminal antitrust charge


28 June 2019 Washington DC
Reporter: Jenna Lomax

Larry Meyers, the former head of the securities lending desk at Banca IMI Securities, has pleaded guilty to a criminal antitrust charge for his involvement in a bid-rigging conspiracy for certain financial instruments
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State Street Bank to pay settlement charges related to custody


28 June 2019 Washington DC
Reporter: Jenna Lomax

State Street Bank and Trust has agreed to pay over $88 million to settle charges for overcharging mutual funds and other registered investment company clients for expenses related to the firm's custody of client assets
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Grant Davies leaves Matchbox


28 June 2019 London
Reporter: Jenna Lomax

Grant Davies has left Matchbox as head of business development, it has been confirmed
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J.P. Morgan Administration Services fined 鈧1.6m by CBI


27 June 2019 Dublin
Reporter: Rebecca Delaney

J.P. Morgan Administration Services (Ireland) has been formally reprimanded and fined 鈧1.6 million by the CBI for 鈥渞egulatory breaches鈥 in relation to the outsourcing of fund administration services
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FCA recognises UK Money Markets codes


26 June 2019 London
Reporter: Rebecca Delaney

The Financial Conduct Authority (FCA) has formally recognised both the voluntary FX Global and UK Money Market Codes of the Bank of England