Custody
HSBC's new global custody head talks Japan and priorities for 2011
John van Verre, HSBC's head of global custody at HSBC Securities Services, has told ICFA there has been little impact to its business in Japan following the devastating earthquake and tsunami.
Top 50 Global Custody Mandates Survey 2011
Change and continuity
Sponsored statement: Bank of New York Mellon
Regulatory reform – The shape of things to come
Custody Risk European Awards 2010 - European Pension Fund Custodian of the Year: J.P. Morgan
European Pension Fund Custodian of the Year: J.P. Morgan
Custody Risk European Awards 2010 European Custodian of the Year: J.P. Morgan
European Custodian of the Year: J.P. Morgan
Costs could deter hedge funds from learning Lehman lessons
Cutting counterparty risk has a price tag that might prevent smaller funds from changing their ways, experts fear
Global pension funds on the hunt for new custodians
Requests for proposals from continental Europe soar says JP Morgan pensions expert
Third countries dominate AIFM negotiations
The question of how to deal with funds and managers based outside the European Union (EU) is proving the main dividing point in negotiations over the alternative investment fund managers (AIFM) directive.
VIDEO: ICFA Americas Service Provider Awards 2011: winners interviews
Melanie White speaks to a selection of winners of the ICFA Americas Service Provider Awards (ASPAs) 2011 who give their comments on their evening wins, as well as their prospects for the year ahead.
Sponsored feature: BNY Mellon – focusing clients on their core activities
Never has the need for efficient management around over-the-counter derivatives business been more crucial, or such a focus, as it is today. BNY Mellon discusses how, with its collateral management services, it has helped clients achieve greater…
Prime brokers move to SAS 70 audits
Learning from the default of Lehman Brothers, a growing number of prime brokers are adapting their business model to ensure margin is segregated and secure, with some looking to win third-party validation for the controls they have in place. Which firms…
Signed and sealed?
A lawsuit filed by two major dealers against Bank of America alleges the firm failed in its role as custodian to prevent the loss of $1.7 billion held by a special-purpose entity. What impact could the case have on the future of custodial agreements?…
Independent variable
A paper detailing alternative approaches to posting independent amount is expected to be jointly published by the International Swaps and Derivatives Association, the Managed Funds Association and the Securities Industry and Financial Markets Association…
Winding down Lehman
In an exclusive interview with Risk, the administrators of Lehman Brothers International (Europe) discuss their role in handling the largest bankruptcy in corporate history, revealing how the process has raised questions about prime brokerage agreements,…
CEBS issues call for evidence on the risks for custodian banks
Daily news headlines
Northern Trust to provide corporate governance data to custodial clients
The Northern Trust Company, a custody, asset administration and investment management services firm, is offering institutional clients using its Global Investor Passport portal access to Corporate Governance Quotient (CGQ) scores set by Institutional…
Basel II Accord will reshape global banking, says Mercer Oliver Wyman
The implementation of the new Basel Accord, also called Basel II, will reshape the global banking industry, according to a report to be released this week by Mercer Oliver Wyman, a New York-based financial services strategy and risk management consulting…
Fed to explore operational risks in clearance of US government securities
The US Federal Reserve Board has established a private sector working group to recommend steps to mitigate operational risks in the clearance and settlement of US government securities.