MannKind Corporation has recently announced that it has entered into a previously announced stock lending agreement pursuant to which it will lend 9,000,000 shares of its common stock to Bank of America, N.A.
In order to strengthen its global OTC derivative client clearing offering, LCH.Clearnet Ltd (LCH.Clearnet) has appointed Michael Davie CEO of SwapClear, its market leading interest rate swap (IRS) clearing service.
Deutsche Bank announced today it has established an Asian equity strategy team with Ajay Kapur appointed as a Managing Director and Head of Asian Equity Strategy. Kapur will be based in Hong Kong.
An influential group of US senators has called for the Securities and Exchange Commission to tighten corporate accounting disclosure rules in an attempt to reduce the risk of another Lehman Bros-style collapse...
It has been revealed that the Chinese regulators are close to approving a broadening of the rules on securities lending in the country, increasing the opportunities for margin lending and short selling...
ConvergEx Group has launched a new stock loan programme, a dedicated service that gives hedge funds and other clients access to securities they need to borrow to fulfill short selling requirements...
Rule Financial has today announced the expansion of its consultancy team to support a growing demand from clients for advisory services to support their rapid growth plans in the aftermath of the credit crunch.
David Little, head of securities finance at Rule Financial will be moving on. After ten years building up the securities finance group of Rule Financial, Little will be leaving for a fresh challenge.
Nomura Securities has hired Jon Block as head of International trading in the Americas, with responsibility for trading and sales-trading of non-US stocks...
FIX Protocol Limited (FPL) welcomes the Australian Securities & Investments Commission (ASIC's) adoption of the FIX Protocol messaging standard for reporting of short position