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Penson executives 'misled' regulators, says SEC
20 May 2014 Washington DC
Reporter: Mark Dugdale

Four former officials of the now-bankrupt clearing firm Penson Financial Services intentionally and systematically violated a naked short selling rule with their securities lending dealings, according to the US Securities and Exchange Commission (SEC

HSBC bags £6.5 billion mandate
19 May 2014 London
Reporter: Mark Dugdale

HSBC Securities Services has been appointed global custodian to the Local Government Pension Scheme (LGPS) funds for Norfolk, Suffolk and the London Borough of Hackney...

SGX and Clearstream to host conference
19 May 2014 Singapore
Reporter: Stephen Durham

The relationship between the Singapore Exchange (SGX) and Clearstream has been strengthened further by their decision to co-host the 5th Global Securities Financing Conference Asia, in Singapore...

Zürcher Kantonalbank makes promotion
15 May 2014 Zurich
Reporter: Tammy Facey

Zürcher Kantonalbank has promoted Ueli von Burg to head its cash and collateral trading and management desk, taking over from Felix Oegerli...

Clearstream improves again
14 May 2014 Frankfurt
Reporter: Stephen Durham

Clearstream have surpassed their 2013 results by posting increases for the year ending April 2014, with the monthly average outstanding for Global Securities Financing (GSF) reaching €589.8 billion...

Societe Generale finalises the acquisition of Newedge
13 May 2014 London
Reporter: Franki Webb

Societe Generale has finalised the acquisition of Credit Agricole's 50 percent stake in the capital of Newedge.

Pirum to feed data to SunGard
13 May 2014 London
Reporter: Mark Dugdale

SunGard and Pirum have joined forces to allow mutual clients to deliver their data straight to Astec Analytics via Pirum technology.

Milwaukee pension in the hands of Northern Trust again
12 May 2014 Milwaukee
Reporter: Tammy Facey

The trust between Milwaukee’s Employees Retirement System is strengthened as Northern Trust is reappointed as the fund’s global custodian...

New collateral platform from SIX and CME Clearing
12 May 2014 Switzerland
Reporter: Tammy Facey

European can now manage collateral thanks to SIX Securities Services and CME Clearing Europe....

SEC commissioner wants more disclosure
09 May 2014 Washington DC
Reporter: Mark Dugdale

Funds should disclose the percentage of assets out on loan and how they split revenue with sponsors, Kara Stein of the US Securities and Exchange Commission has suggested...

Zywot and Udall take over at CASLA
08 May 2014 Toronto
Reporter: Mark Dugdale

BNY Mellon’s Phil Zywot and Scotiabank’s Stewart Udall have joined the Canadian Securities Lending Association (CASLA) as representatives...

BNP Paribas adds new markets to Collateral Highway
08 May 2014 London
Reporter: Tammy Facey

Four new markets benefit from the extended partnership of BNP Paribas and Euroclear for Collateral Highway...