What type of governments should investors prefer? According to Rob Arnott, the broad answer is, ones that do less. Arnott, ...
When it comes to clearing US Treasuries and repo, the Fixed Income Clearing Corporation (FICC) has an obvious huge head start. One potential rival has already claimed they don’t expect to make ...
TD Bank plans to sell up to $50 billion of low-yield investment securities after being hit with a $3.1 billion fine and a cap on its US subsidiaries’ assets for anti-money laundering (AML) failures.
The deputy general secretary of the Financial Stability Board (FSB), Martin Moloney, has said applying a broad leverage cap across non-bank financial intermediaries (NBFIs) is not the solution to ...
An attempt by Currenex to force XTX Markets to reveal its foreign exchange trading source code has been rejected by a US ...
A large international bank might start the day with $30 billion of US dollar liquidity held at the US Federal Reserve, for ...
Rules for third-party custodians still to be finalised less than one month before initial margin rules go live ...
The authors apply a money view analysis to stablecoins, revealing the character if existing on-chain liquidity mechanisms ...
The volatility spasm that gripped financial markets in early August led to the biggest one-day spike in the 30-year history ...
The shaky performance of a go-to trade around past elections is forcing investors to seek different ways to trade uncertainty ...
This paper aims to help readers and practitioners navigate the challenges of undertaking a CDI transformation, address organisational inertia, and put together a robust and compelling case for change.
Two global systemically important banks (G-Sibs) ended 2023 below their fully loaded requirements for total loss-absorbing capacity (TLAC), figures from the latest Basel III monitoring report show.