BNY Mellon and Rule counter OTC derivatives conundrum
Asset managers should take five simple steps to counter the effect of rising collateral requirements for OTC derivatives, according to a joint study by BNY Mellon and Rule Financial.
Financial Services/Finserv
Barclays hires ex-FSA head to compliance top job
Barclays has appointed former FSA chief executive Hector Sants as head of compliance and government and regulatory relations.
FSA demands top-level AML supervision at HSBC in wake of $1.9bn fines
The Financial Services Authority has instructed HSBC to set-up a board-level committee with a mandate to oversee matters relating to anti-money laundering, sanctions, terrorist financing and proliferation financing.
BNP Paribas sets sights on Singapore-London post-trade service
BNP Paribas Securities Services is planning to offer a post-trade service for banks and brokers that want to take advantage of the new cross-trade deal between the London Stock Exchange and the Singapore Exchange.
