BNY Mellon creates tri-party repo subsidiary
BNY Mellon is targeting enhanced capabilities in the US government securities clearance and tri-party markets with a new subsidiary.
Tag: US
Morgan Stanley pays $63m to settle US lawsuits
Morgan Stanley has paid out a $62.95 million settlement relating to the sale of residential mortgage backed securities to three banks which failed during the credit crisis.
Barclays reshuffles US derivatives leadership
Stephen Li will run the bank's US derivatives business as Michael Yarian, head of its rates trading unit, departs.