The new solution, now live, is part of DTCC’s LENS service and will support the dissemination of benchmark information for over 100,000 securities that need to be updated before the June 2023 LIBOR cessation date.
APEXX Global (‘APEXX’), the leading global payments orchestration platform, has raised $25m from existing and new investors, closing its Series B round. The funds will be used to develop APEXX’s products and technology and to expand its presence in North America.
The Bank of England (Bank), in consultation with the Prudential Regulation Authority (PRA), HM Treasury (HMT) and the Financial Conduct Authority (FCA), has taken the decision to sell Silicon Valley Bank UK Limited (‘SVBUK’), the UK subsidiary of the US bank, to HSBC UK Bank Plc (HSBC).
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