News and Notes

People moves round-up: ASIFMA, Citi, Danske Bank, Fidelity, LSEG

BNP Paribas to integrate HSBC’s hedge fund administration business

ECB: euro area banks well positioned to withstand incoming headwinds of funding costs

FT: hedge fund short sellers suffer $43bn loss on market rally

IMF releases CBDC guide for central banks and finance ministries

Eurex Repo reports spike in term-adjusted volumes across all markets

CFTC announces $4.3bn fine for Binance and CEO to settle charges over crypto violations

LSEG’s new FX Smart Clearing service sees average capital requirements reduction of 51%

CME: AIR TRFs reach record open interest and volume

Korea authorities release short sale reform proposals

Reuters: China and Saudi sign currency swap agreement

People moves round-up: BancTrust, Bank of Korea, Clear Street, New York Fed

US SEC adopts rules to improve clearing agency governance

FSI warns on insufficient regulatory approach to managing cloud risk

NY Fed’s Neal signals additional transparency targeting off-the-run market

Reuters: BoJ’s hawkish tone may signal end of negative rates

J.P. Morgan’s Onyx, Apollo in tokenization POC with Singapore’s MAS

Fed’s Bowman says capital reforms are missed opportunity to review leverage ratio

BIS consults on digital fraud amid surge in technological banking advances

TradersBest: majority of CFD traders in UK losing money

S&P Global’s long/short report shows short interest decrease across global and APAC equities in November

Citi invests in Transcend for global roll-out of collateral tech

J.P. Morgan, Capital One and RBC lead Evident’s AI maturity index

DTCC ALERT passes 15mn SSIs, launches API service

UBS, SBI and DBS complete first cross-border repo with digital bond on Ethereum

HSBC goes live on Broadridge’s sponsored repo DLR service

SIX research: majority of asset managers expect T+1 to increase settlement failures

UK FCA picks OneTick for market surveillance system

US senate banking committee urges authorities to withdraw Basel Endgame

Fnality raises £77.7m led by Goldman Sachs, BNP Paribas

Luxembourg’s Banking Circle partners with Ant Group for tokenized deposits liquidity management

FSI: challenges in supervising bank exposures

Torstone gets DTCC certified for middle office workflows ahead of T+1

The ICBC randomware hack and impact on US repo markets

Korea Times: State Street’s suspension of Korean securities lending feared to prompt exodus of foreign capital

People moves round-up: Houlihan Lokey, ISSA, LME Group, NSDL

Redhedge’s Seminara on macro environment and impact on financial markets

ECB’s Lane on central bank liquidity in “new normal” steady state

ECB researchers on market-based networks and bank exposures

Mexico’s Banorte boosts FX derivatives service on Murex’s MX.3

DTCC launches OTC derivatives data services in cloud

BoJ’s Kazuo on Japan’s yield curve control policy changes

TS Imagine and Kayenta team up for hedge fund treasury management service

US regulators release new report on Treasury market resilience efforts

BoE’s Mills on adapting to new regulatory architecture of FSMA 2023

Volante raises $66mn led by Sixth Street for payments modernization

PASLA’s Howard on Philippines bourse seclending launch

RBC expands securities lending program to Malaysia

NY Fed adds JPMorgan Chase Bank, N.A to SRF counterparty list

Inter-agency WG releases report on treasury market resilience efforts