The Monetary Policy Committee (The Committee) has decided to keep overnight rates unchanged as follows, and to implement the technical rate adjustment by setting the one week repo auction rate at 7 percent
Rice University endowment head Scott W. Wise will join TIAACREF as chief investment officer of a new business that will provide investment management services for endowments and foundations nationwide.
The Federal Reserve Bank of New York today announced the publication of a white paper on the work of the Tri-Party Repurchase Agreement (Repo) Infrastructure Reform Task Force. The white paper highlights policy concerns over weaknesses
State Street Now the Largest Investment Service Provider in Italy; Expands Presence in Luxembourg. Gains Long-Term Investment Servicing Agreement with Eurizon Capital, the Largest Fund Manager in Italy
BNY Mellon Asset Servicing, has been ranked No.1 in the Single Provider and USD 1-10 Billion categories within Global Custodian magazine's 2010 Íø±¬³Ô¹Ï Lending survey.
Following on from the recent Monetary Policy Committee of the SA Reserve Bank (Sarb) meeting, the repo rate will remain at 6.5 percent. The prime rate would therefore remain set at 10 percent.
The fast growing Asset Management business of the Matrix Group is expanding its sales and marketing functions with the appointments of Chris Beament as Business Development Manager and Chris Elliott as Marketing Executive.
FINRA Fines Deutsche Bank Íø±¬³Ô¹Ï, National Financial Services a Total of $925,000 for Systemic Short Sale Violations. Both Firms Facilitated Customer Execution of Short Sales Through Direct Market Access Order Systems That Violated the 'Locate'
State Street Global Advisors (SSgA), the investment management business of State Street Corporation, today announced that Lynn Blake, a 23-year SSgA veteran will assume the role as global head of Index Equity following the retirement of Paul Brakke,
The Íø±¬³Ô¹Ï and Exchange Commission today charged two Boca Raton residents for engaging in illegal short selling of securities in advance of participating in numerous secondary offerings to make illicit profits.