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Shock resignation as Vikram Pandit leaves Citi
16 October 2012 London
Reporter: Georgina Lavers

In a surprising turn, Vikram Pandit has abruptly left Citigroup after rumours that there were clashes between him and the board over strategy...

SS&C supports collateral management with new service
16 October 2012 Connecticut
Reporter: Georgina Lavers

SS&C Technologies has launched GoTrade+, an advanced, flexible middle-office service for complex investment portfolios. GoTrade+ supports post-trade activities of complex traded transactions...

Newedge hired as swap counterparty to EEA fund
15 October 2012 London
Reporter: Georgina Lavers

Prime broker Newedge has been appointed as swap counterparty to the EEA Diversified Trends fund. The fund, managed by EEA Fund Management, is Irish-domiciled...

Good news for BNY Mellon lawsuit
15 October 2012 New York
Reporter: Georgina Lavers

Filed in July 2009, a lawsuit against BNY Mellon looks to drag on even longer after a judge recently denied a motion for class certification...

Benga Sofoluwe heads to hedge fund in London
12 October 2012 London
Reporter: Mark Dugdale

Former Deutsche Bank head of European securities lending Benga Sofoluwe has joined the hedge fund EQI Asset Management...

Investec strengthens UK institutional sales team
12 October 2012 London
Reporter: Jenna Jones

In an effort to support UK institutional growth, Investec Asset Management has appointed Stephen Lee as sales director within its UK client group...

Natixis adds to international product group
12 October 2012 London
Reporter: Jenna Jones

Natixis Global Asset Management (NGAM) has strengthened its international product group with the recruitment of James Beaumont and Catherine Morat...

RMA conference on securities lending: demanding times
11 October 2012 Miami
Reporter: Mark Dugdale

Hedge funds have switched their equity trading programmes to “defensive mode” as far as capital is concerned, while beneficial owners are demanding more information and transparency from their agent lenders...

LGIM names Poy as chief compliance officer
11 October 2012 London
Reporter: Jenna Jones

Legal and General Investment Management (LGIM) has appointed Teresa Poy as chief compliance officer...

Chartis names SunGard as one to watch for collateral
11 October 2012 New York
Reporter: Georgina Lavers

Chartis Research has named SunGard as a category leader in its RiskTech Quadrant for enterprise collateral management solutions...

IOSCO Money Market Fund reforms address NAVs
11 October 2012 Madrid
Reporter: Georgina Lavers

The International Organization of Securities Commission (IOSCO) has published a final report on policy recommendations for Money Market Funds...

RBC expands ETF range
11 October 2012 Toronto
Reporter: Georgina Lavers

RBC Global Asset Management has expanded its suite of Target Maturity Corporate Bond ETFs. Effective today, the RBC Target 2021 Corporate Bond Index ETF is available for purchase...