JPMorgan Chase & Co (JPM.N) has become so big that some rival banks and analysts say changes to its $2.7 trillion balance sheet were a factor in a spike last…Read More
The announcement last week that BNP Paribas has entered the European tri-party market begs the question: is a fifth (or eighth, by some counts) tri-party agent necessary? This question can…Read More
J.P. Morgan’s Paul Wilson on why participate in Finadium’s Investors in Securities Lending Conference
We asked Paul Wilson of J.P. Morgan why his firm is sponsoring Finadium’s Investors in Securities Lending Conference this April. He says the opportunities are there for clients committed to…Read More
Finadium and six leading financial institutions announce new Securities Lending conferences for 2017
BNY Mellon, Brown Brothers Harriman, Citi, eSecLending, J.P. Morgan and State Street, along with Finadium, the specialist consultancy in securities finance and asset servicing, announce two new securities lending conferences…Read More
The news came out last week that JP Morgan would be exiting GCF Repo® clearing. Actually, several media organizations reported that JPM was to stop settling government securities, which isn’t…Read More
Inter-clearer FICC tri-party trading at DTCC will come to an end in July, 2016. Did the Fed just get impatient?
Last week DTCC made an announcement they would, as of July 15, 2016, no longer support FICC trades that go across clearing banks. The text of the announcement can be…Read More
We recently undertook a study of US bank SEC filings to learn if anything could be said about how efficient banks are with their in-house collateral. Our thesis was that…Read More
The Systemic Risk Council publishes an interactive tool for looking at bank stats. We especially like “Short Term Noncore Funding as a Percent of Total Assets”.
The Systemic Risk Council recently came out with a “Systemic Risk Council Interactive Tool”, an interesting way to look at banks. Continue readingRead More
The Office of Financial Research (OFR) published on February 12, 2015 “Systemic Importance Indicators for 33 U.S. Bank Holding Companies: An Overview of Recent Data“ by Meraj Allahrakha, Paul Glasserman,…Read More
FTSE Global Markets magazine released a good article recently on collateral optimization. We pull out the highlights and offer some observations. Continue readingRead More
Tri-party repo is back in the news. Most of the coverage was driven by a recent FRBNY paper “A Primer on the GCF Repo® Service” (Staff Report 671) authored by…Read More
More than one-third of intraday unwind credit eliminated by stopping non-maturing term repo unwind and providing new collateral reoptimization tools NEW YORK, Nov 19, 2012 (BUSINESS WIRE) — J.P. Morgan…Read More