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Fidelity Capital Markets to release a prime brokerage pricing service
30 July 2012 Boston
Reporter: Mark Dugdale

Institutional trading firm Fidelity Capital Markets is preparing to launch a securities lending pricing service that could make the market more transparent for its clients...

Moody's gets negative over ESMA guidelines
30 July 2012 Paris
Reporter: Mark Dugdale

The European Securities and Markets Authority’s UCITS guidelines are “credit negative for asset managers”, according to the ratings agency Moody’s...

ESMA shakes up securities lending for UCITS funds
26 July 2012 Paris
Reporter: Mark Dugdale

ESMA guidelines on ETFs and other UCITS issues require greater transparency to investors, as well as the return of all revenue, excluding operating costs, that is earned from securities lending to the fund, according to commentators...

eSecLending bags Peter Economou
26 July 2012 Boston
Reporter: Mark Dugdale

He will take up the newly created position of CRO on 6 August and will be responsible for the oversight and strategic development of enterprise risk management on a global basis. He will report to co-CEOs Karen O’Connor and Chris Jaynes...

Andrew Amstutz leaves Citi
25 July 2012 New York
Reporter: Mark Dugdale

The former Morgan Stanley employee has left Citi, where he was the global head of funding for prime finance and equity in New York...

Oil and gas company executes sec lending agreement
25 July 2012 Calgary
Reporter: Mark Dugdale

Oil and gas company CYGAM Energy, which is based in Canada, has executed a securities lending agreement with one of its controlling shareholders...

BlackRock's Q2 2012 revenue dips
19 July 2012 New York
Reporter: Georgina Lavers

Its investment advisory, administration fees and securities lending revenue of $2 billion decreased from the Q2 2011 figure of $2.1 billion...

It’s a $14.5 million payout for brothers Wolfson
19 July 2012 New York
Reporter: Georgina Lavers

Brothers Jeffrey and Robert Wolfson, accused of naked short selling by the SEC, agreed to pay $14.5 million to settle the case against them...

Former Morgan Stanley employee heads to Cantor Fitzgerald
18 July 2012 New York
Reporter: Georgina Lavers

Cantor Fitzgerald & Co., a financial services firm, has welcomed former Morgan Stanley employee Saurav Chatterjee as managing director in the equity capital markets division...

Clearstream gains traction in the Middle East
17 July 2012 Abu Dhabi
Reporter: Mark Dugdale

Abu Dhabi Commercial Bank has joined Clearstream’s triparty repo service as a new cash provider...

Maple selects SunGard’s Apex
16 July 2012 Toronto
Reporter: Mark Dugdale

Financial services provider Maple Financial Group has chosen SunGard’s Apex securities finance solution for its operations in Frankfurt, London, Toronto and New Jersey...

Goldman cuts back prime brokerage in Japan
16 July 2012 Tokyo
Reporter: Georgina Lavers

Goldman Sachs is paring down their Japanese prime brokerage business after the planned exit of unit head Toru Okabe. Okabe will leave the bank by the end of the month, after working in Goldman's prime brokerage section since 2000....