Agent lenders: beware of third-party lenders. They are flexible, responsive and eager to participate in this big money-generating business.
This year, State Street just sneaks in to win the award for agent lenders and third-party securities lenders for its comprehensive Securities Lending Performance Analyzer.
State Street offers a wide range of reporting for the bank’s clients such as pension funds and unit trusts. Information such as earnings by program and daily percentage of assets on loan by program can be viewed in graph form on the home page and the user can easily drill down to obtain more detailed information.
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