Securities Financing Industry News | Foreign banks allowed to become direct clearing members of the Russian NCC

The Moscow Stock Exchange introduced a separate trading member and clearing member status for participants on the Russian execution platform and the central counterparty. From today, foreign banks with clearing interests in the Russian market will be able to offer sponsored access to the National Clearing Center (NCC), the group’s …

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Washington Prime cancels auction for lack of bids

Law360 (Aug 6, 2021, 6:40 p.m. EDT) – Mall owner Washington Prime Group told a Texas bankruptcy court that his attempt to market its assets had not prompted any qualified bids and would seek rather the approval of a capital of 721 million dollars. – Redeem the Chapter 11 plan …

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JPMorgan’s punishment for currency rigging ends.

The Federal Reserve lifted restrictions on JPMorgan Chase for its role in exchange rate rigging between 2008 and 2013. The Fed, which among its responsibilities helps regulate banks, ended a 2015 enforcement order against JPMorgan for “dangerous and misguided banking practices,” such as coordinating transactions with other banks through discussion …

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POSITION: DISCUSSION AND ANALYSIS BY THE DEPARTMENT OF FINANCIAL POSITION AND OPERATING RESULTS. (form 10-Q)

The following discussion summarizes the significant factors affecting the consolidated operating results, financial condition, liquidity and capital resources of Post Holdings, Inc. and its consolidated subsidiaries. This discussion should be read in conjunction with our unaudited condensed consolidated financial statements and notes thereto included herein, our audited financial statements and …

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Condray elected winner of the 2021 Worthen Literary Prize

Submitted photo Cover image for Das Arkansas Echo: A Year in the Life of Germans in the Nineteenth-Century South by Kathleen Condray The Central Arkansas Library System (CALS) has announced the 2021 winner of the Worthen Literary Prize. Kathleen Condray was chosen for her book, Das Arkansas Echo: A Year …

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