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Newedge calls it a day in Greece
28 May 2012 London
Reporter: Mark Dugdale

Prime brokerage firm Newedge is pulling out of the Greek market and will only process sell orders...

J.P. Morgan makes change to its prime brokerage business
28 May 2012 New York
Reporter: Mark Dugdale

It has been reported that J.P. Morgan's new head of global prime brokerage will be Teresa Heitsenrether...

Citigroup replaces Andy Coyne
25 May 2012 London
Reporter: Georgina Lavers

After Andy Coyne left Citigroup for Traiana, ICAP’s post-trade FX network and processing technology vendor, Citigroup have promoted internally to fill his role...

SunGard propels connectivity with Colombia
24 May 2012 Bogota
Reporter: Georgina Lavers

Bolsa de Valores de Colombia (BVC), the official Securities Exchange of Colombia, has certified SunGard as an international market data provider...

New collateral appointment for Euroclear
24 May 2012 Brussels
Reporter: Georgina Lavers

Saheed Awan has been appointed head of Euroclear’s collateral management product management team. Jo Van de Velde, managing director, head of product management at Euroclear, said of Awan’s appointment...

Marc Antoine Autheman new chairman of Euroclear board
24 May 2012 Brussels
Reporter: Georgina Lavers

Euroclear announced that Marc Antoine Autheman will succeed Nigel Wicks upon his retirement as chairman of both the Euroclear plc and Euroclear SA/NV Boards on 1 January 2013...

Exclusive: Richard Marquis joins BNY Mellon
24 May 2012 New York
Reporter: Mark Dugdale

Richard Marquis, formerly of J.P. Morgan, will join BNY Mellon, according to an SLT source...

Rockall puts one foot forward in London
24 May 2012 Dublin
Reporter: Georgina Lavers

Rockall Technologies, solutions provider for collateral management, will see Avi Gur join the company to further enhance its expertise in the Structured Trade and Commodity Finance (STCF) business...

Battle for Asian prime brokerage dominance rages on
24 May 2012 Hong Kong
Reporter: Georgina Lavers

A survey by AsiaHedge has reported that Credit Suisse and Bank of America celebrated increased market share over 2012 in their Asian prime brokerage divisions, while Goldman Sachs and Morgan Stanley have lost hedge fund clients and assets...

US clearing firm names new president
24 May 2012 New Mexico
Reporter: Georgina Lavers

Southwest Securities, the commercial banking subsidiary of SWS Group, has named Eddie Gutierrez as president of the company's banking center in Albuquerque, New Mexico...

Exclusive: EquiLend lands Japanese trust bank
23 May 2012 New York
Reporter: Mark Dugdale

Securities finance trading and post-trade services provider EquiLend has signed up Japanese trust bank SuMi Trust (Sumitomo Mitsui) to its platform...

Facebook shares trigger restrictions on shorting
23 May 2012 New York
Reporter: Georgina Lavers

Facebook shares prompted SEC rules on shorting after dropping by 13.7 percent in just the opening minutes of trading on Monday...