This Week's Top Stories
July 30 2020
A global bank said on a client call this week that they had extended working from home (WFH) for all employees until the end of the year, erasing a plan to start moving back in September. Major financial centers look like ghost towns. New employees are being trained remotely. If this is what our normal looks like for the next several years, the social element of securities finance and collateral management industries will see long-term change.
July 29 2020
Tier one banks are being challenged to provide clearing access to buy-side and other clients, while at the same time sponsored and direct clearing is getting attention. We talk to tech providers about what they see happening in the marketplace as changing legacy systems becomes imperative for dozens of clearing members in a COVID-19 environment.
