Stay updated with breaking news from Travis Keltner. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
<ul> <li>State Street, one of the world’s largest custodian banks, has joined Eurex via its Munich-based subsidiary State Street Bank International (SSBI).</li> </ul>
State Street Launches Buy-Side Peer To Peer Repo Financing 0 Shares State Street Corporation announced the release of a new Peer-to-Peer Repo program for the buy-side. Building from its market-leading position in sponsored repo and securities lending, including peer-to-peer opportunities within its agency lending program, Peer-to-Peer Repo enables competitive financing costs across a broader range of collateral types and yield enhancement opportunities compared to traditional repo markets. State Street guarantees the payment obligations of cash borrowers to cash lenders within the program fol...
<p><span>State Street Corporation (NYSE:STT) today announced the release of a new Peer-to-Peer Repo program for the buy side. Building from its market-leading position in sponsored repo and securities lending, including peer-to-peer opportunities within its agency lending program, Peer-to-Peer Repo enables competitive financing costs across a broader range of collateral types and yield enhancement opportunities compared to traditional repo markets. State Street guarantees the payment obligations of cash borrowers to cash lenders within the program following a default, thus facilita...