Securities Finance Times’ Post

BNP Paribas selects Geggus to head Triparty Collateral Services. Andrew Geggus will take on the role in addition to his current position as global head of Agency Securities Lending https://lnkd.in/evZyyptT #SecuritiesLending #banking

For wealthy individuals, finding the right private bank can be an overwhelming experience, often accompanied by hidden costs. Fortier, an experienced brokerage firm, offers an unmatched network of private banks tailored to suit every client profile. #relocationtoMonaco #relocationtoMonteCarlo #privatebankingMonaco #privatebankingFrance #privatebankingSpain #privatebankingItaly #privatebankingUK #privatebankingLondon #privatebankingEurope

APRA Ends the Era of Bank Hybrids—Here’s Why It Matters APRA has just called time on bank hybrids, phasing them out by 2032. This bold move follows the collapse of Credit Suisse in 2023, revealing that these securities—often misunderstood by retail investors—pose too much risk for retail investors. What's next? Banks will now turn to Tier 2 bonds and more equity to protect against future crises. While this simplifies the capital structure and shields everyday investors, it could drive up funding costs and reshape investment options. For investors, the message is clear: change is coming. Adapt and stay ahead in this evolving landscape. https://lnkd.in/gxZmJvzd #Finance #Investing #APRA #MarketShift #BankingReform #FinancialPlanning

BNP Paribas AM promotes long-serving EM corporates chief to head of EMD. Alaa is based in the firm's London office and reports to CIO fixed income Olivier De Larouzière. Check out our latest article with Alaa Bushehri 👇 https://lnkd.in/ejCz7Qjx #investment #financialservices #banking #assetmanagement

Deutsche Bank has sold $1 billion worth of loans related to commercial real estate in the U.S. The bank had been trying to offload the loan portfolio since summer. Read more: https://lnkd.in/eea7mhqt Pictured: Deutsche Bank CFO James von Moltke

📢 Business Owners: Noticed unexpected #bankfees on your credit card transactions recently for international payments? You’re not alone! These additional charges are appearing across various banks and are linked to regulations from the South African Reserve Bank (SARB). Investec has shared insights with their clients to help clarify what’s driving these changes, and we’re passing along this helpful information in the attached document. #Disclaimer: This post is for informational purposes only and not intended as financial advice or as a statement on behalf of Investec. For guidance specific to your situation, please consult with your bank. #FinancialManagement #SMEGrowth #AbuengAdvisory

Swiss regulator moves to block access to Credit Suisse AT1 wipeout filings - reports ✍. The Swiss Financial Market Supervisory Authority FINMA has reportedly sought to block access to key documents relating to its decision to wipe out $17bn 💰 of Credit Suisse AT1 bonds in March last year. Check out Valeria Martinez's latest article 👇 https://lnkd.in/gNzccQfT #investment #investmentmanagement #banking #finance

TradeXBank announces a positive result for financial year 2023. 2023 stands out as a pivotal year for TradeXBank, being our first full reporting year following the change in control. Throughout this period, our efforts were primarily concentrated on re-establishing the Bank’s operations and activities, culminating in a net profit of CHF 1.8m. This achievement was based on our staff's professionalism and resourcefulness, affirming our confidence in their ability to overcome challenges. The Bank’s financial resilience in #CommodityTradeFinance, evidenced by our return to profitability immediately after incurring significant losses in 2022, highlights the robustness of our business model, the risk management approach and our team's dedication. With its capital over CHF 500m, the Bank remains well capitalized comfortably exceeding all regulatory ratios, which provides to the Bank solid ground for the further business growth. https://lnkd.in/dwsGeeqr

End of CoCos Era: What It Means for Bank Capital and Private Credit Australia's APRA is phasing out $43 billion in bank hybrid securities, also known as contingent convertible bonds (CoCos) or enhanced capital notes (ECNs). These instruments, which convert into equity or get written off during financial stress, will be replaced with cheaper, more stable capital forms to enhance financial stability. APRA’s decision follows Swiss regulators' action to bail-in and force losses on investors in Credit Suisse hybrids following its merger with UBS in March 2023. Large banks will replace the 1.5 percentage points of hybrid or additional tier-one capital with 1.25 percentage points of more senior ranking tier-two bonds, and an additional 0.25 percentage points of common equity tier-one capital while smaller banks can replace their hybrid capital with tier-two securities. The transition period will begin on January 1, 2027 and all hybrids will be phased out by 2032. The $43 billion of existing hybrids will remain eligible as tier-one capital. Insurers can continue to issue hybrids. This shift could tighten bank lending margins, potentially increasing the attractiveness of private credit markets as banks adjust their capital structures. #PrivateDebt #PrivateCredit #CoCos #Hybridnotes #BaselIII #APRA

Europe’s safest commercial bank – again! We’re happy to learn that Handelsbanken is Europe’s safest commercial bank - again 💙 According to Global Finance’s ranking of over 500 banks worldwide, we are the safest commercial bank in Europe, and the fifth safest bank in the world. Our business model is characterised by a low risk-tolerance and high credit quality, which forms the basis for our strong, profitable growth over time. It also means we are able to adapt to your needs during changing economic times. 🏆 Here’s a bit more detail about what else makes us different: https://lnkd.in/egXhzRkq #banking #customercentric