DTCC’s FICC sees record clearing figures in government securities
The Depository Trust & Clearing Corporation (DTCC)’s Fixed Income Clearing Corporation’s (FICC’s) Government Securities Division (GSD) processed US$8.8 trillion in daily activity on 31st...
China Minsheng Bank taps Bloomberg for sell-side solutions suite
China Minsheng, a Chinese commercial bank, has adopted Bloomberg’s sell-side execution management solution ETOMS, and expanded its use of Trade Order Management Solutions (TOMS)...
Smaller proportion of US Treasuries e-traded than previously estimated
Levels of e-trading in US treasuries in dealer-to-dealer (D2D) and dealer-to-client (D2C) markets have come into sharper focus thanks to data collected by FINRA...
Nedgroup fixed income platform taps Northern Trust for outsourced trading
Northern Trust is to provide outsourced trading via its Integrated Trading Solutions (ITS) for Nedgroup Investments, a global asset management firm with more than...
State Street issues $1 Billion of senior debt
State Street has issued $1 billion in aggregate principal amount of senior debt. The offering, which closed 20 August, was structured in line with...
US corporate bond market growth continues upward trend in July
The US corporate bond market in July saw increases across nearly all the metrics tracked by Coalition Greenwich, with average daily notional volume (ADNV)...
Jude Driscoll named MetLife Investment Management president
MetLife Investment Management (MIM) has appointed Jude Driscoll as president, effective 1 September.
In the Philadelphia-based role, Driscoll is responsible for MIM’ strategy and business...
Taiwan and Philippines enhance capital market collaboration
The Taiwan Stock Exchange (TWSE) and the Philippines Stock Exchange (PSE) have signed a memorandum of understanding (MoU) to promote and enhance cooperation between...
BoE amends collateral eligibility criteria for regulated covered bonds
The Bank of England is to amend the collateral eligibility criteria for regulated covered bonds in the Bank’s Sterling Monetary Framework.
From 1 September, to...
FCA fines PwC £15m over failure to report suspected fraud at LCF
The Financial Conduct Authority (FCA) has fined Big Four consultancy PricewaterhouseCoopers (PwC) for failing to report to the regulator their belief that London Capital...
