National Bank of Canada joins EquiLend ownership group
June 18, 2019
Editorial credit: / Shutterstock.com

National Bank of Canada (NBC) has completed its acquisition of a 10 percent stake in EquiLend from JP Morgan following clearance from EquiLend's regulators in the United Kingdom, Canada and Ireland. JP Morgan will continue to hold a 10 percent ownership interest in EquiLend.

The deal was announced in December 2018 and closed in June 2019. JP Morgan previously held a 20 percent stake.

NBC joins nine other global financial institutions as owners and members of the board of EquiLend. In addition to NBC and JP Morgan, owners include Bank of America Merrill Lynch, BlackRock, Credit Suisse, Goldman Sachs, Morgan Stanley, Northern Trust, State Street and UBS.

Brian Lamb, CEO of EquiLend, says: "NBC has long been a supporter of leading-edge technology and innovation in securities finance, so the firm is a natural fit as an owner."





This site, like many others, uses small files called cookies to customize your experience. Cookies appear to be blocked on this browser. Please consider allowing cookies so that you can enjoy more content across globalcustody.net.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

National Bank of Canada (NBC) has completed its acquisition of a 10 percent stake in EquiLend from JP Morgan following clearance from EquiLend's regulators in the United Kingdom, Canada and Ireland. JP Morgan will continue to hold a 10 percent ownership interest in EquiLend.

The deal was announced in December 2018 and closed in June 2019. JP Morgan previously held a 20 percent stake.

NBC joins nine other global financial institutions as owners and members of the board of EquiLend. In addition to NBC and JP Morgan, owners include Bank of America Merrill Lynch, BlackRock, Credit Suisse, Goldman Sachs, Morgan Stanley, Northern Trust, State Street and UBS.

Brian Lamb, CEO of EquiLend, says: "NBC has long been a supporter of leading-edge technology and innovation in securities finance, so the firm is a natural fit as an owner."



Free subscription - selected news and optional newsletter
Premium subscription
  • All latest news
  • Latest special reports
  • Your choice of newsletter timing and topics
Full-access magazine subscription
  • 7-year archive of news
  • All past special reports
  • Newsletter with your choice of timing and topics
  • Access to more content across the site