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31 Results from /regulation, "State Street Corporation"

/regulation

Major buy-side and sell-side firms call for regulatory action to make clearing houses safer

BlackRock, Goldman Sachs, JPMorgan Chase & Co., Allianz, Citi, Societe Generale, State Street, T. Rowe Price, and Vanguard, today, in a joint paper, presented detailed recommendations from both buy-side and sell-side perspectives to further enhance the safety and soundness of central counterparties (CCPs), also known as clearing houses.

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Former State Street EVP convicted over scheme to defraud insitutional investors

A former executive vice president of State Street Bank & Trust was convicted today by a federal jury in Boston in connection with engaging in a scheme to defraud at least six of the bank’s clients through secret commissions applied to billions of dollars of securities trades.

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State Street joins Luxembourg House of Fintech

The Luxembourg House of Financial Technology Foundation (LHoFT) and State Street Corporation (NYSE: STT) announced today a collaboration to address FundTech and RegTech challenges and opportunities.

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SEC slaps $35 million fine on State Street for order handling deceptions

The Securities and Exchange Commission today announced that State Street has agreed to pay more than $35 million to settle charges that it fraudulently charged secret markups for transition management services and separately omitted material information about the operation of its platform for trading U.S. Treasury securities.

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State Street appoints Pagliaro as new head of Emea global exchange business

State Street Corporation (NYSE: STT) announced today the appointment of David Pagliaro to the role of head of State Street Global ExchangeSM for Europe, the Middle East & Africa (EMEA).

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Asset managers ramping up investment in complaince, data management

New global regulations and volatile market liquidity is prompting more than half (56 percent) of asset managers and asset owners to increase their technology and operational capabilities over the next year to manage financial and other data to meet regulatory compliance deadlines.

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Monitoring Brexit sentiment: State Street launches Brexometer Index

State Street Corporation (NYSE: STT) today launched its Brexometer Index, a quarterly pulse survey of institutional investor sentiment towards the UK’s departure from the European Union.

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Thomson Reuters acquires WM/Reuters FX benchmark rate calculation business

Thomson Reuters today announced it has acquired WM/Reuters FX benchmark rate calculation business of The World Markets Company (WM) from State Street Corporation. The acquisition will be effective immediately.

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BlackRock, BNY Mellon and State Street accept Markit’s ETF collateral lists

Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced that BlackRock, BNY Mellon and State Street have accepted Markit’s ETF collateral lists for inclusion in their collateral management schedules.

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State Street, Berkeley and Stanford form data science consortium

The University of California, Berkeley (UC Berkeley) and State Street Global Exchange today announced a collaboration to establish the Consortium for Data Analytics in Risk (CDAR), a new research center focused on applying advanced data-science techniques to manage and mitigate economic and financial risk.

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State Street files for multi-asset SEF; says buy-side unprepared for new OTC regime

Buy-side firms are unprepared for new trading mechanisms, costs and increased complexity and should partner with established providers to adapt to an evolved OTC derivatives marketplace, according to research commissioned by State Street Corporation (NYSE: STT).

/regulation

State Street names Roger Stein chief analytics officer

State Street Corporation, announced today that it has appointed Roger M. Stein as chief analytics officer for State Street Global Exchange.