Friday Review December 08 - 12

This is a compilation and redistribution of the institutional finance news for the week - while Enduring Markets publishes this Friday Morning CET Timezone - we will continue to update with news through the end of the day Friday EST Timezone.

Central Bank News

FED says will start reserve management and Treasury Bill buying

https://www.reuters.com/business/finance/fed-says-will-start-reserve-management-treasury-bill-buying-2025-12-10/

Institutional News

EU greenlights indefinite immobilisation of Russian Assets

https://www.euractiv.com/news/eu-greenlights-indefinite-immobilisation-of-russian-assets/

Latest EU proposal to fund Ukraine is closest yet to internation law Lagarde says

https://www.reuters.com/business/finance/latest-eu-proposal-fund-ukraine-is-closest-yet-international-law-lagarde-says-2025-12-10/

European leaders agree to fund Ukraine for 2 years but using Russian assets poses a major test

https://www.independent.co.uk/news/world/europe/ukraine-european-union-belgium-brussels-kyiv-b2881165.html

BoE policymakers split on interest rate outlook as inflation risks diverge

https://uk.finance.yahoo.com/news/bank-england-split-interest-rates-inflation-163247297.html

Amundi partners with First Abu Dhabi Bank to expand offering in the Middle East across various asset classes

https://www.thetradenews.com/amundi-partners-with-first-abu-dhabi-bank-to-expand-offering-in-the-middle-east-across-various-asset-classes/

European Commission proposes measures to tackle market barriers

https://www.securitiesfinancetimes.com/securitieslendingnews/industryarticle.php?article_id=228354

Euronext EC Market Integration and Supervision package interview

https://www.euronext.com/en/news/euronext-european-commissions-market-integration-and-supervision-package-interview-chief

DOL stops defending Biden-era Fiduciary Rule

https://www.plansponsor.com/dol-stops-defending-biden-era-fiduciary-rule/

“We do this anyway”: Citi’s Mjorud on easing Nasdaq’s cost burden amid market infrastructure change

https://posttrade360.com/news/custody/we-do-this-anyway-citis-mjorud-on-easing-nasdaqs-cost-burden-amid-market-infrastructure-change/

NASDAQ announces Cerity Private Markets Partnership

https://ceritypartners.com/news/nasdaq-private-market-partnership/

Magnum Ice Cream Company debuts on Euronext, London and New York exchanges

https://www.share-talk.com/magnum-ice-cream-company-debuts-on-euronext-london-and-new-york-exchanges/

Origination: Magnum Ice Cream floats €3bn bond

https://www.fi-desk.com/magnum-ice-cream-floats-e3bn-bond/

Jefferies boosts investment in US credit-focused asset manager Hildene, picks up 50% stake

https://www.thetradenews.com/jefferies-boosts-investment-in-us-credit-focused-asset-manager-hildene-picks-up-50-stake/

Interactive Brokers connect to UAE exchanges to expand equities offering

https://www.thetradenews.com/interactive-brokers-connects-to-uae-exchanges-to-expand-equities-offering/

Eurexs frames to packet switch amounts to a CST ban sources say

https://www.globaltrading.net/eurexs-frames-to-packet-switch-amounts-to-a-cst-ban-sources-say/

ClearToken unveils CT Settle

https://www.assetservicingtimes.com/assetservicesnews/industryarticle.php?article_id=17458

UK recognises digital assets as personal property, clarifies collateral and custody usage

https://posttrade360.com/news/regulation/uk-recognises-digital-assets-as-personal-property-clarifies-collateral-and-custody-usage/

Commission rolls out plan to tighten the EU’s market wiring

https://posttrade360.com/news/regulation/commission-rolls-out-plan-to-tighten-the-eus-market-wiring/

Acting Chairman Pham Announces Launch of Digital Assets Pilot Program for Tokenized Collateral in Derivatives Markets

https://www.cftc.gov/PressRoom/PressReleases/9146-25

Lord Abbett invests in IMTC

https://www.fi-desk.com/lord-abbett-invests-in-imtc/

Mexico’s inflation accelerates more than expected central bank notes

https://www.reuters.com/world/americas/mexicos-inflation-accelerates-more-than-expected-central-bank-notes-further-2025-12-09/

Six plans to merge its two CCPs

https://posttrade360.com/news/infrastructure/six-plans-to-merge-its-two-ccps/

World’s first Compute Swap

https://www.linkedin.com/posts/activity-7404679024947490816-2nh6?utm_source=share&utm_medium=member_desktop&rcm=ACoAABsQmisBf1kf6sfhsuEV__w_iqNT-j_unD4

Trading Talent News

Lazard forms new senior dealmaker group in raft of promotions

https://www.fnlondon.com/articles/lazard-forms-new-senior-dealmaker-group-in-raft-of-promotions-f75ac9b6?mod=most_read

Kepler Cheuvreux Sales Trader joins Liquidnet

https://www.thetradenews.com/kepler-cheuvreux-sales-trader-joins-liquidnet/

Trium Capital taps Boussard Gavaudan for Trader

https://www.thetradenews.com/trium-capital-taps-boussard-gavaudan-for-trader/

Madsen out Aldred up at Stonehage Fleming

https://www.globaltrading.net/madsen-out-aldred-up-at-stonehage-fleming/

Lescher promoted at Instinet

https://www.globaltrading.net/lescher-promoted-at-instinet/

Azimut multi-asset trader joins Banque Internationale à Luxembourg

https://www.thetradenews.com/azimut-multi-asset-trader-joins-banque-internationale-a-luxembourg/

China Renaissance Head of Trading joins Deutsche Bank

https://www.thetradenews.com/china-renaissance-head-of-trading-joins-deutsche-bank/

Citadel Securities taps BNP Paribas for Fixed Income ETF Sales Trader

https://www.thetradenews.com/citadel-securities-taps-bnp-paribas-for-fixed-income-etf-sales-trader/

Opinion Pieces and Podcasts

Top 3 Systematic Risks unchanged for 2026 DTCC Survey

https://posttrade360.com/news/infrastructure/top-3-systemic-risks-unchanged-for-2026-dtcc-survey-finds/

Private credit rating agency fights back against one of the market’s greatest threats: the FT

https://www.ft.com/content/ebd25e99-117a-4e93-9a61-639ae0d8677c

Beyond the Data: Large hedge funds increasingly choosing to spread execution across multiple algo providers

https://www.thetradenews.com/beyond-the-data-large-hedge-funds-increasingly-choosing-to-spread-execution-across-multiple-algo-providers/

What AI in the Financial Services will look like in 2026

https://www.thetradenews.com/blog/what-ai-in-in-financial-services-will-look-like-in-2026/

Private Credit continuation funds provoke skepticism

https://pitchbook.com/news/articles/private-credit-continuation-funds-provoke-skepticism

Private Credit Woes Should Put Banks on Notice

https://www.bloomberg.com/opinion/articles/2025-12-05/banks-need-shoring-up-against-private-credit-risks

Why 2026 could be private markets year of regulatory reckoning

https://www.fnlondon.com/articles/why-2026-could-be-private-markets-year-of-regulatory-reckoning-3bcdd7fc?mod=homepage

ASIFMA study APACS T+1 Transtion

https://posttrade360.com/news/infrastructure/asifma-study-apacs-t1-transition-has-no-like-for-like-comparison/