Custody
Winding down Lehman
In an exclusive interview with Risk, the administrators of Lehman Brothers International (Europe) discuss their role in handling the largest bankruptcy in corporate history, revealing how the process has raised questions about prime brokerage agreements,…
CEBS issues call for evidence on the risks for custodian banks
Daily news headlines
Northern Trust to provide corporate governance data to custodial clients
The Northern Trust Company, a custody, asset administration and investment management services firm, is offering institutional clients using its Global Investor Passport portal access to Corporate Governance Quotient (CGQ) scores set by Institutional…
Basel II Accord will reshape global banking, says Mercer Oliver Wyman
The implementation of the new Basel Accord, also called Basel II, will reshape the global banking industry, according to a report to be released this week by Mercer Oliver Wyman, a New York-based financial services strategy and risk management consulting…
Fed to explore operational risks in clearance of US government securities
The US Federal Reserve Board has established a private sector working group to recommend steps to mitigate operational risks in the clearance and settlement of US government securities.