Santander US’ Post

Issue 353 online now! - https://lnkd.in/eDZak4zG TMX Group’s Kevin Sampson, president of the Canadian Depository for Securities, and Steve Everett, head of Post Trade Innovation, speak to Carmella Haswell on where the company is heading, reducing collateral fragmentation, and engaging with the community. Participants discuss the current securities lending landscape in the region, the technology evolution born from the move to T+1, and the Bank of Canada’s introduction of a settlement fail fee on bond and bill trades. Major moves at Kayenta, Wells Fargo, Marex and Morgan Stanley. #securitiesfinance

Out this week - https://lnkd.in/e4-2kMFS - TMX Group’s Kevin Sampson, president of the Canadian Depository for Securities, and Steve Everett, head of Post Trade Innovation, speak to Carmella Haswell of Securities Finance Times on where the company is heading, reducing collateral fragmentation, and engaging with the community. Participants discuss the current securities lending landscape in the region, the technology evolution born from the move to T+1, and the Bank of Canada’s introduction of a settlement fail fee on bond and bill trades. Major moves at Kayenta, Wells Fargo, Marex and Morgan Stanley.

Having ways to manage your businesses cash flow is essential to running a successful business. Let me know if you have any questions about ACH services, I am happy to help. #communitybanking #snohomishcounty #kingcounty #supportlocalbusinesses

Greater transparency into the #securities settlement lifecycle could help avoid fails, especially as more markets move to T+1. Tracy Chou, Senior Securities Expert at Swift, sat down with Christine Strandberg, Head of Product Management for Investor Services Banks at SEB to discuss the problems #settlement fails cause, and what the industry can do about it. 👉 Read more: https://okt.to/MfZuqo #posttrade #capitalmarkets #sibos

The Securities and Exchange Commission (SEC) has approved a 14-day extension for Fidelity Bank’s combined offer, which was initially set to close on Monday. The extension was confirmed in a market bulletin issued by Godstime Iwenekhai, Head of the Issuer Regulation Department at NGX Regulation. The bulletin stated, “Trading licence holders are hereby notified that Fidelity has obtained the approval of the Securities and Exchange Commission to extend the combined offers by 14 days. Consequently, trading in Fidelity’s rights will now close on Monday, August 12, 2024.” Tap the link in our bio to read more. #FidelityBank #SECApproval #BankingNews #FinancialUpdates #InvestmentOpportunity

𝐅𝐃𝐈𝐂 𝐏𝐫𝐨𝐩𝐨𝐬𝐞𝐬 𝐒𝐭𝐫𝐢𝐜𝐭𝐞𝐫 𝐒𝐜𝐫𝐮𝐭𝐢𝐧𝐲 𝐟𝐨𝐫 𝐋𝐚𝐫𝐠𝐞 𝐁𝐚𝐧𝐤 𝐌𝐞𝐫𝐠𝐞𝐫𝐬 The FDIC aims to intensify oversight of bank mergers exceeding $100 billion in assets, reflecting concerns over financial stability. This initiative, marking the first update in 16 years, emerges after the 2023 bank failures spotlighted risks associated with large banks. The proposal, met with Republican resistance and banking industry criticism for potentially stifling competition, underscores a shift towards greater regulatory caution. It's part of broader efforts to address financial system complexities and international operations, aligning with Dodd-Frank Act principles. #finance #news #FDIC #BankMergers #RegulatoryScrutiny Source: https://lnkd.in/gWhVj93h

Road to Sibos: Innovation and the future of securities services In the first episode of our #RoadToSibos series in partnership with Deutsche Bank, Paul Maley, global head of securities services and head of corporate bank, Americas at Deutsche Bank, discusses the theme of innovation within the securities services industry.

Greater transparency into the #securities settlement lifecycle could help avoid fails, especially as more markets move to T+1. Tracy Chou, Senior Securities Expert at Swift, sat down with Christine Strandberg, Head of Product Management for Investor Services Banks at SEB to discuss the problems #settlement fails cause, and what the industry can do about it. 👉 Read more: https://okt.to/AOWqNB #posttrade #capitalmarkets #sibos

Exciting News! Our Acies Fund II LP Portfolio has surpassed expectations with a DSCR well above what the bank requires. Achieving a ratio over 2.3X versus the 1.25X required is not just a win, it’s a testament to our robust strategy and dedicated team. #9606Capital #RealEstate #PortfolioGrowth #InvestmentExcellence  #BreakNewGround  #Logisticsrealestate

The trend of private bankers in Asia leaving to start their own external asset managers (EAMs) or joining existing ones is causing concerns for private banks. According to James Dellborg from Synpulse, banks worry about cannibalizing their business as these bankers might return as EAM clients and take retrocessions. This situation has led many wealth management firms to seek ways to protect their business interests while catering to this growing segment. https://lnkd.in/gW88dyjE