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Asset manager Dimensional chooses Citi
03 June 2013 Sydney
Reporter: Georgina Lavers

Global funds manager Dimensional has appointed Citi’s securities and fund services as back office provider to its Australian funds...

Clearstream sidesteps GMRA with new repo agreement
31 May 2013 Luxembourg
Reporter: Georgina Lavers

Clearstream has designed a new legal master agreement for triparty repo transactions, with the aim of bypassing tedious individual agreements...

Another attempted boost for India's SLB market
31 May 2013 Mumbai
Reporter: Georgina Lavers

Indian regulator SEBI announced that it will increase the number of stocks allowed to be borrowed and lent, in efforts to ramp up the securities lending market in the country...

The FTT: Perverse and unacceptable
30 May 2013 London
Reporter: Georgina Lavers

A recent paper has warned that current EU proposals for a Financial Transactions Tax (FTT) will drive business away from London and to New York...

4sight updates collateral optimisation system
29 May 2013 London
Reporter: Jenna Jones

4sight Financial Software has added a range of new features to its collateral optimisation system...

'No evidence' of widespread collateral shortfall, says BIS
29 May 2013 Basel
Reporter: Mark Dugdale

There is no evidence or expectation of any lasting or widespread scarcity of collateral in global financial markets, according to a Bank for International Settlements report...

Naked short selling case could go to federal court
28 May 2013 New Jersey
Reporter: Mark Dugdale

The US Court of Appeals for the Third Circuit will decide whether a case alleging Merrill Lynch & Co, Knight Capital Americas, UBS Securities and others engaged in manipulative naked short selling should be heard in state or federal court...

Aviva mandates BNP Paribas to develop repo
28 May 2013 Paris
Reporter: Georgina Lavers

Aviva Investors France has mandated BNP Paribas Securities Services for the administration of collateral for its sale and repurchase agreements...

KPMG selects SunGard’s Adaptiv Analytics
28 May 2013 Berlin
Reporter: Jenna Jones

KPMG in Germany has chosen SunGard’s Adaptiv Analytics to help clients with assessments of credit valuation adjustments (CVA) under Basel III...

J.P. Morgan nabs triparty collateral head from Citi
24 May 2013 London
Reporter: Mark Dugdale

Citi’s head of triparty collateral management Russell Pudney is joining J.P. Morgan, according to a source...

Real estate fund increases revolving credit facility to $60 million
24 May 2013 Newton
Reporter: Georgina Lavers

RMR Real Estate Income Fund (RIF) increased its revolving credit facility with BNP Paribas Prime Brokerage by $10 million to $60 million...

Lehman Brothers Holdings receives $1.9 billion in brokerage bids
23 May 2013 New York
Reporter: Georgina Lavers

Lehman Brothers Holdings announced that, following the conclusion of a "Dutch" auction process, it and certain of its controlled affiliates have agreed to sell $4.22 billion of their general unsecured claims against Lehman Brothers...