Eurex Clearing, Europe’s leading clearing house and part of Deutsche Börse Group, announced that Morgan Stanley, one of the leading global investment banks, will become a clearing member of the Securities Lending CCP. Both partners aim to have finalized the process by the end of October.
The International Swaps and Derivatives Association, Inc. (ISDA) today announced that 18 major global banks (G-18) have agreed to sign a new ISDA Resolution Stay Protocol, which has been developed in coordination with the Financial Stability Board to support cross-border resolution and reduce systemic risk.
A group of Wall Street firms, led by Goldman Sachs, has acquired instant messaging outfit Perzo and set up a new company to help them break free of their reliance on Bloomberg.
A group of Wall Street banks, led by Goldman Sachs, are on the verge of buying a stake in instant messaging firm Perzo as they prepare to break free of their reliance on Bloomberg, according to Reuters.
Morgan Stanley Wealth Management (MS) has integrated the latest in mobile check deposit software from NCR Corporation (NCR), the global leader in consumer transaction technologies, into its new Morgan Stanley Mobile App for iPhone®, giving its wealth management clients a simple, convenient method for depositing paper checks.
Accenture has teamed up with some of the world's biggest banks to bring its Fintech Innovation Lab to Asia Pacific.
BNP Paribas and Morgan Stanley, two major global banks, joined EurexOTC Clear for Interest Rate Swaps (IRS), Eurex Clearing's central counterparty service for OTC derivatives, increasing the total number of clearing members to 32.
Bats Chi-X Europe, the pan-European Recognised Investment Exchange, is in the process of onboarding customers to "BXTR", a suite of on- and off-exchange trade reporting services.
Wall Street's biggest banks and Thomson Reuters have signed up for a new open messaging network from financial information provider Markit which threatens Bloomberg's dominance of the chat market.
In September Citigroup, Credit Suisse, Merrill Lynch, and Morgan Stanley and will begin to offer to their clients Direct Market Access (DMA) to securities trading on Moscow Exchange.
© Finextra Research 2017