Settlement upgrades to hit banks’ business lines, Citi studyBy Farah Khalique
August 25, 2023
A new poll reveals financial power players expect shorter trade settlements to impact their businesses, particularly securities lending and borrowing.
The financial services industry is gearing up to move to a faster settlement cycle. Banks in North America will need to settle securities one day ...
UK banks claim they have been ‘left in the dark’ as the US aggressively pushes ahead with its T+1 rule change. Under new rules from the US Securities and Exchange...Read more