Settlement
Charlotte, NC – Bank of America (BoA) has agreed to pay a $150 million settlement to the Securities and Exchange Commission (SEC) to end the regulator’s legal challenge over its failure to disclose...
WASHINGTON, DC – US financial services firm State Street has agreed to the largest subprime payout yet. The Boston-based bank agreed on February 4 to settle US Securities and Exchange Commission (SEC)...
The Securities and Exchange Commission (SEC) on Monday announced its approval of new rules covering mistaken breaking stock trades on US exchanges. The US regulator says the new standards are focused on...
Banks are increasingly using their IT infrastructure to increase their competitive advantage. Learn how this can work in practice.
More Settlement articles
Credit derivatives traders with outstanding credit default swaps (CDSs) referencing debt issued by French media and electronics firm Thomson are still waiting for the the list of deliverable obligations to facilitate auction settlement. The International...
CLS Bank, the multi-currency cash settlement system provider, is aiming to settle same-day US dollar/Canadian dollar and US dollar/Mexican peso currency trades by the end of 2010, according to chief executive Rob Close.
A new brokerage service to reduce counterparty risks in Italian straight-through processing has been released by Icap
Auction terms to settle Masonite loan-only CDS contracts announced by Isda
European committee aims to find a solution for CDS clearing
Isda is providing protocols to amend CDS paperwork before the settlement auctions for Iceland’s defaulted banks
There are operational risk lessons to be learned in the settlement of Lehman’s CDS mess
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
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