Allegations of mismanagement of a securities lending programme brought by two US Bank pension beneficiaries was dismissed by the US Court of Appeals for the Eighth Circuit this week
Belgium, Malta, France, Greece, Luxembourg, Netherlands, Portugal, Spain and Sweden are among the 19 infringing member states due to face the commission鈥檚 wrath
Basler Kantonalbank, Credit Suisse and Z眉rcher Kantonalbank are due to be among the first financial services to clear using the new rate from December 2017
The pilot, conducted in partnership with Natixis and Societe Generale, utilises distributed ledger technology in order to make complex processes 鈥渕ore secure, transparent and efficient鈥
The European repo market may be recovering from the severe lack of liquidity experienced at year end 2016, according the International Capital Market Association