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Cash contribution removes redemption restrictions
08 July 2010 Boston
Reporter:

State Street announced yesterday that it recorded a second quarter 2010 after-tax charge of USD251 million, including a related cash contribution to certain common and collective trust funds managed by State Street Global Advisors ("SSgA") that engag

Rothenhauser joins Macquarie
07 July 2010 Frankfurt
Reporter:

Macquarie Securities this week announced Rupertus Rothenhauser has joined as Head of Sales for Structured Products & Exotics, Europe. Based in Frankfurt, he will be responsible for sales and marketing of Macquarie's structured products

Daiwa Capital Markets growth through acquisition
05 July 2010 London
Reporter:

Daiwa Capital Markets (Daiwa), is acquiring the global convertible bonds and Asian equity derivatives business lines of Belgium's KBC Group NV for a total consideration of approximately USD 1bn

Shin Kong Financial goes live with Algorithmics
05 July 2010 Taipei
Reporter:

Algorithmics, announced today that Shin Kong Financial Holding Co Ltd, has gone live with Algorithmics' market risk solution for enterprise risk management across the whole group.

Through the ranks
30 June 2010 Toronto
Reporter:

Rob Ferguson, vice president, product and client service, global securities lending, and Robert Chiuch, vice president, head of trading, global securities lending, will share cross-functional responsibilities in replacing James Slater.

Redefining a short position
25 June 2010 Brisbane
Reporter:

The Australian Securities and Investments Commission (ASIC) makes ASIC Class Order [CO 10/464] under s1020F(1)(c) of the Corporations Act 2001 (Act) redefining a short position.

New collateral criteria for securities in Brazil
21 June 2010 Sao Paulo
Reporter:

Effective immediately, the Bolsa de Mercadorias e Futuros(BM&F) and the Bolsa de Valores de Sao Paul(BOVESPA) have announced the new collateral criteria for accepting securities as collateral.

EFX Prime announces new hires
18 June 2010 New York
Reporter:

EFX Prime Services, a division of First New York Securities, this week has announced that it's hired two prime brokerage executives to help lead EFX Prime's sales efforts. Both will be based out of EFX Prime's New York Headquarters

Norwegian Banks' Guarantee Fund selects BNY Mellon
17 June 2010 London
Reporter:

BNY Mellon Asset Servicing, has been appointed by Bankenes sikringsfond (Norwegian Banks' Guarantee Fund) to provide global custody and related services for assets valued at NOK 18.5 billion (USD 3 billion).

State Street hit by defections
16 June 2010 New York
Reporter:

Eight senior members of State Street's securities lending division have resigned

Enhanced accounting and reporting for hedge funds
11 June 2010 New York
Reporter:

BNY Mellon Alternative Investment Services (AIS), has introduced enhanced accounting and reporting functionality for side pocket accounts and special purpose vehicles (SPVs). The new service offers hedge fund managers greater flexibility.

Short Spanish Update
02 June 2010 Madrid
Reporter:

The Executive Committee of the CNMV, in an ordinary meeting held at the end of last week, agreed to adapt the measures approved previously on September 22nd 2008 to the disclosure regime on short positions proposed by CESR in march 2010, including