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Noschese leaves Deutsche Bank for Pirum
06 July 2010 London
Reporter:

Tonia Noschese has this week joined Pirum Systems Ltd as business development manager

Daiwa Capital Markets growth through acquisition
05 July 2010 London
Reporter:

Daiwa Capital Markets (Daiwa), is acquiring the global convertible bonds and Asian equity derivatives business lines of Belgium's KBC Group NV for a total consideration of approximately USD 1bn

Post-MiFID Market Transparency Initiative
05 July 2010 New York
Reporter:

NYSE Technologies and Markit, has announced the launch of a joint initiative designed to consolidate data and enhance transparency in the European over the counter (OTC) equity markets.

No Naked Norwegians
02 July 2010 Oslo
Reporter:

The Norwegian Parliament has passed changes to the Norwegian Securities Trading Act on naked short selling.

DTCC acquires AVOX
02 July 2010 London
Reporter:

The Depository Trust & Clearing Corporation (DTCC) announced today that it has acquired the outstanding shares of Avox Limited, a reference data business located in the U.K.

OCC reports 11 per cent increase in H1
02 July 2010 Chicago
Reporter:

Over 2 billion contracts exchanged hands in a six-month period for the first time

BNY Mellon promotes Daniel Smith in Asia-Pacific
02 July 2010 Hong Kong
Reporter:

Daniel Smith is the new chief administrative officer for BNY Mellon in the Asia Pacific region...

In our defense - Premier GSL release statement
30 June 2010 Boston
Reporter:

Earlier today Premier Global Securities Lending released a statement announcing that Peter Economou, Paul Lynch, Suzanne Lee, Michael McAuley, William Locke, Oberon Knapp, Larry Albaugh and Michael Landolfini are joining the company as part of the ma

Through the ranks
30 June 2010 Toronto
Reporter:

Rob Ferguson, vice president, product and client service, global securities lending, and Robert Chiuch, vice president, head of trading, global securities lending, will share cross-functional responsibilities in replacing James Slater.

Citi snaps up David Martocci
30 June 2010 New York
Reporter:

David Martocci has been appointed managing director and global product manager of third party securities lending at Citi Global Transaction Services

Sebi eases reporting requirement for FIIs
29 June 2010 Press Trust of India
Reporter:

Market regulator SEBI today relaxed the reporting requirement on lending of securities by FIIs for the purpose of short selling. FIIs now have to disclose the information on a weekly basis instead of daily.

Wells Fargo and another law suit
29 June 2010 Sarasota
Reporter:

A USD40 million lawsuit has been filed by Sarasota County against Wells Fargo Bank, alleging improper investment advice with regard to the county's securities lending portfolio prior to the market crash in 2008. The case number is 2010 CA 006579NC.