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Goldman Sachs prime broker heads to Dutch firm
21 June 2012 Amsterdam
Reporter: Georgina Lavers

Amsterdam-based IMC, a prop trading firm, has hired Wim Den Hartog as co-head of its Chicago office, a position which will be made effective on 1 September...

Penson's Michael Johnson departs
21 June 2012 New York
Reporter: Mark Dugdale

Penson's senior vice president and global head of pension stock loan, Michael Johnson, has left the company to pursue new opportunities...

Calypso links with AcadiaSoft to enrich collateral management
20 June 2012 London
Reporter: Georgina Lavers

Calypso Technology will integrate AcadiaSoft’s MarginSphere service, an electronic messaging and workflow solution for OTC collateral, with the Calypso system...

EquiLend enters data business
20 June 2012 New York
Reporter: Mark Dugdale

EquiLend is introducing a new market data provider for the global securities finance market. DataLend will launch later in 2012...

Lombard Risk enhances repo and sec lending modules
19 June 2012 London
Reporter: Georgina Lavers

Lombard Risk has enhanced its repo and securities lending 'Colline' modules. Colline is designed for for end-to-end, cross-product (bilateral and cleared OTC derivatives, repo and securities lending) collateral management...

Fund’s $50 million credit facility with BNP prime brokerage
18 June 2012 Massachussetts
Reporter: Georgina Lavers

RMR Real Estate Income Fund (RIF) has entered into a new $50 million revolving credit facility with BNP Paribas prime brokerage. The new credit facility bears interest at LIBOR plus 95 basis points and it has a 270 day rolling term that resets daily.

Jason Barron new prime brokerage head at UBS
18 June 2012 London
Reporter: Georgina Lavers

Jason Barron will fulfil the role of global head of financing services, owing to Mitch Moore leaving as head of prime brokerage for UBS...

Qatar ‘introduces’ sec lending
18 June 2012 Doha
Reporter: Mark Dugdale

In the first phase, the new regulations would allow licensed financial service providers to lend and borrow listed securities to settle failed transactions...

Lionel Guerraz of UBS to move into wealth management
15 June 2012 Zurich
Reporter: Mark Dugdale

Lionel Guerraz is set to leave the securities lending industry and change roles on August 1...

Krangel and Day join ISLA board
15 June 2012 London
Reporter: Mark Dugdale

Andy Krangel of Citi Bank and James Day of UBS have been elected as board members of the International Securities Lending Association...

4sight releases new corporate action modules
14 June 2012 London
Reporter: Mark Dugdale

The new suite of corporate action processing modules are for its 4sight Securities Finance and Collateral Management solution...

Canadian mutual fund manager re-signs with Citi
14 June 2012 Toronto
Reporter: Mark Dugdale

Citi has renewed its agreement with Chou Associates Management to provide trust and securities lending services for $600 million in mutual fund assets...