News search | Securities Finance Times

Generic business image for news articles

Prosecutor going after SAC hints at more to come
26 July 2013 New York
Reporter: Georgina Lavers

A federal grand jury has charged SAC Capital, a US hedge fund, over alleged insider trading. Eight individuals have also been charged so far, with six pleading guilty, according to a New York district attorney...

Citi adds another for Russian equities
25 July 2013 Moscow
Reporter: Georgina Lavers

Citi has appointed Yuri Aldakimov as Moscow equity trading head of Citigroup Global Markets...

DTCC takes full control of Omgeo
24 July 2013 New York
Reporter: Mark Dugdale

The Depository Trust & Clearing Corporation is taking full control of post-trade services provider Omgeo after agreeing to acquire Thomson Reuters’s 50 percent stake in the company...

European CSDs to settle down early
24 July 2013 Brussels
Reporter: Mark Dugdale

Euroclear’s central securities depositories in Belgium, France and the Netherlands will settle all transactions on a T+2 basis from October 2014...

Citi's Hong Kong director of equity lending departs
24 July 2013 Hong Kong
Reporter: Mark Dugdale

Citi’s director of equity lending in Hong Kong has left the bank, a source has confirmed. Henry Lee reportedly quit...

SimCorp teams up with AcadiaSoft for collateral management
24 July 2013 Copenhagen
Reporter: Mark Dugdale

Investment management solutions company SimCorp and AcadiaSoft, a provider of margin automation for counterparties engaged in collateral management, have entered into a product partnership...

Deutsche Bank recruits Andrew Cheng for agent lending
23 July 2013 Hong Kong
Reporter: Mark Dugdale

Deutsche Bank has appointed Andrew Cheng to the role of regional product head for agency securities lending in Asia Pacific. He will be based in Hong Kong...

Low lending revenue offsets good quarter for BNY Mellon
23 July 2013 New York
Reporter: Georgina Lavers

Investment services fees for BNY Mellon's second quarter of this year totalled $1.7 billion, an increase of 4 percent year-over-year...

Guy Eden joins Traiana for equity expertise
22 July 2013 New York
Reporter: Georgina Lavers

Traiana, a provider of pre-trade risk and post-trade processing solutions, has appointed Guy Eden as head of product management...

One in three financial institutions will accept cheap collateral
22 July 2013 London
Reporter: Georgina Lavers

Over a third of financial institutions believe that it is acceptable for collateral to be low quality, complex and opaque, so long as it is cheap...

Bursa Malaysia to revitalise SBL and short selling
19 July 2013 Kuala Lumpur
Reporter: Georgina Lavers

Kuala Lumpur’s stock exchange Bursa Malaysia will reportedly release new guidelines next week for both SBL and short selling...

Horizon Cash Management hires fixed income specialist
19 July 2013 Chicago
Reporter: Georgina Lavers

Horizon Cash Management, an investment advisor specialising in active cash management solutions for the alternative investment industry, has hired Matthew Boice as vice president and credit analyst...