The financing and securities services unit will include all existing securities services activities including custody, clearing, fiduciary and fund services, and securities lending
SIX said it intends to “preserve and strengthen BME’s position in Spain by maintaining its brands, current business activities, headquarters and office locations, and by investing in new technologies and growth opportunities”
As of 23 March, banks will be able to access daily US dollar funding via seven-day maturity operations offered by the ECB, US Federal Reserve and the Bank of England, among other central banks
The deepening sell-off in US equities has presented opportunities for long-short managers, with the most heavily shorted shares underperforming the broader market, says Sam Pierson of IHS Markit
