News search | Securities Finance Times

Generic business image for news articles

BlackRock is victorious in lending lawsuit
29 August 2013 Tennessee
Reporter: Georgina Lavers

A judge has dismissed a lawsuit against BlackRock that accused the asset management firm of setting up an excessive fee structure “designed to loot securities lending returns properly due to iShares investors"...

Prime brokerage recruiter sets up in HK
28 August 2013 Hong Kong
Reporter: Georgina Lavers

A new recruitment firm has been launched in Hong Kong that focuses on custody and asset servicing...

Brazil gets its first lending association
28 August 2013 New York
Reporter: Georgina Lavers

A Brazilian securities lending association has been launched in order to enhance the image and understanding of the market for new participants...

ConvergEx hires ex-SunGard employees
22 August 2013 New York
Reporter: Georgina Lavers

ConvergEx Group, a provider of global brokerage and trading‐related services, is expanding its institutional clearing business...

State Bank of India recommends shorting ban
20 August 2013 Sooranam
Reporter: Georgina Lavers

The State Bank of India’s chairman, Pratip Chaudhuri, said that the bank has recommended to the finance minister in India that short selling should be banned...

BCS Prime Brokerage forges London-Russia connection
19 August 2013 Moscow
Reporter: Georgina Lavers

BCS Prime Brokerage has launched what it calls the fastest ultra low latency data line yet, between London and the Moscow Exchange...

EquiLend and BNY Mellon chain up their RQV
15 August 2013 New York
Reporter: Georgina Lavers

Anticipating demand for timely settlement of collateral, EquiLend has created a new triparty connectivity service helps to expedite the agreement and communication of required value (RQV) figures...

Pension funds bite nails over Dodd Frank margin demands
15 August 2013 New York
Reporter: Georgina Lavers

Northern Trust has released a paper on capital requirements for pension funds in the wake of the US Dodd Frank Act that encourages collateral management as a solution to demanding margin requirements...

New prime brokerage mandate for BofA Merrill Lynch
14 August 2013 London
Reporter: Georgina Lavers

Bank of America Merrill Lynch has secured a new mandate as the main prime broker for CFH Clearing....

Citi recruits again for prime brokerage
14 August 2013 New York
Reporter: Georgina Lavers

David Tenney has been hired to Citi’s prime brokerage business as a managing director and regional head of sales for the Americas...

Bob Egan takes on EquiLend role
13 August 2013 New York
Reporter: Mark Dugdale

Former Kellner Capital securities lending senior vice president Bob Egan is consulting with EquiLend...

Private equity firm buys eSecLending
13 August 2013 Boston
Reporter: Mark Dugdale

Securities lending agent eSecLending is under new ownership. Parthenon Capital Partners has bought the company for an undisclosed sum...