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CalPERS awards Citi $28 billion in assets
30 May 2012 Boston
Reporter: Georgina Lavers

Citi was granted access to $28 billion of securities lending assets held by CalPERS in an auction conducted by eSecLending. The lending auction was of $43 billion in US equities...

Deloitte: ‘Shadow banking’ is worth $9.53 trillion
30 May 2012 New York
Reporter: Mark Dugdale

The ‘shadow banking’ system in the US may not be as large as regulators and market participants fear, but its size could increase as regulatory changes and financial innovation take hold...

Newedge calls it a day in Greece
28 May 2012 London
Reporter: Mark Dugdale

Prime brokerage firm Newedge is pulling out of the Greek market and will only process sell orders...

SunGard propels connectivity with Colombia
24 May 2012 Bogota
Reporter: Georgina Lavers

Bolsa de Valores de Colombia (BVC), the official Securities Exchange of Colombia, has certified SunGard as an international market data provider...

New collateral appointment for Euroclear
24 May 2012 Brussels
Reporter: Georgina Lavers

Saheed Awan has been appointed head of Euroclear’s collateral management product management team. Jo Van de Velde, managing director, head of product management at Euroclear, said of Awan’s appointment...

Exclusive: Richard Marquis joins BNY Mellon
24 May 2012 New York
Reporter: Mark Dugdale

Richard Marquis, formerly of J.P. Morgan, will join BNY Mellon, according to an SLT source...

US clearing firm names new president
24 May 2012 New Mexico
Reporter: Georgina Lavers

Southwest Securities, the commercial banking subsidiary of SWS Group, has named Eddie Gutierrez as president of the company's banking center in Albuquerque, New Mexico...

Exclusive: EquiLend lands Japanese trust bank
23 May 2012 New York
Reporter: Mark Dugdale

Securities finance trading and post-trade services provider EquiLend has signed up Japanese trust bank SuMi Trust (Sumitomo Mitsui) to its platform...

Facebook shares trigger restrictions on shorting
23 May 2012 New York
Reporter: Georgina Lavers

Facebook shares prompted SEC rules on shorting after dropping by 13.7 percent in just the opening minutes of trading on Monday...

Clearstream and Iberclear will grow Spanish collateral management service
22 May 2012 Frankfurt
Reporter: Georgina Lavers

Iberclear, the Spanish central securities depository and subsidiary of BME, and the international central securities depository Clearstream have signed an agreement to develop a new tri-party collateral management service for the Spanish market...

Report outlines best practice for oversight
21 May 2012 US
Reporter: Georgina Lavers

The Mutual Fund Directors Forum has released a special report entitled Practical Guidance for Directors on the Oversight of Securities Lending. The report is based on eSecLending's guidance paper that is aimed at those responsible for creating, moni

Masamichi Kono to lead IOSCO’s new board
18 May 2012 Bejing
Reporter: Georgina Lavers

Masamichi Kono is to be the new chairman of The International Organization of Securities Commissions (IOSCO) board. Kono indicated he would step down from the position in March 2013...