San Francisco scraps sec lending

17th April, 2017

Andrew Neil

"Boosting our income from securities lending would require putting more lower quality securities on loan, which increases the risk of incurring a large loss," states the memo, signed by chief investment officer William Coaker.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
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Marex
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SGX
SocGen
Susquehanna
MUFG Investor Services
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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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