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Northern Trust to acquire BOISS
24 February 2011 Dublin
Reporter: Ben Wilkie

Northern Trust has reached an agreement to acquire the fund administration, investment operations outsourcing and custody business of the Bank of Ireland Group, Bank of Ireland Securities Services (BOISS)...

Viking Global sues Porsche
23 February 2011 New York
Reporter: Ben Wilkie

Viking Global Investors is suing Porsche over short selling losses the company incurred during the takeover of Volkswagen...

Tree Top under fire from short sellers
23 February 2011 New York
Reporter: Ben Wilkie

The common stock of Tree Top Industries experienced another rash of naked short selling, verified according to FINRA...

White paper: What Basel III Means for Securities Lending and Collateral Management
23 February 2011 Concord
Reporter: Justin Lawson

Finadium have published a new research report looking into what Basel III means for securities lending and collateral management

SimCorp releases version 4.9 of SimCorp Dimension
23 February 2011 Copenhagen
Reporter: Steven Lafferty

New version features important new developments across front-, middle-, and back-office. Major updates include improved collateral management, performance calculations, and compliance checks.

HKEx adds 70 new securities to short selling list
22 February 2011 Hong Kong
Reporter: Ben Wilkie

The Stock Exchange of Hong Kong Limited has announced that with effect from 25 February 2011,70 additional securities will be eligible for short selling and 17 existing designated securities will be removed from the list.

BOC launches RMB repo facilities
22 February 2011 Hong Kong
Reporter: Ben Wilkie

Bank of China (Hong Kong) has launched securities sale and repurchase facilities through the Central Moneymarkets Unit to facilitate intraday liquidity management of Participating Banks in the RMB Clearing System (RTGS)...

Lombard expands management team
21 February 2011 London
Reporter: Ben Wilkie

Lombard Risk Management has appointed three key executives to join the existing senior management team in leading the company through the planned expansion following the rapid growth experienced in 2010 (34 per cent rise in revenues in half year to S

Clearstream figures rise
17 February 2011 Luxembourg
Reporter: Ben Wilkie

Clearstream has announced a rise in the assets under custody and a big jump in securities lending services...

ING sees large profit increase
17 February 2011 Amsterdam
Reporter: Ben Wilkie

ING Group's full-year underlying net profit rises fourfold to EUR 3,893 million from EUR 974 million in 2009...

TradeStation reports 4th quarter
15 February 2011 Florida
Reporter: Ben Wilkie

TradeStation Group has reported 2010 fourth quarter net revenues of $28.9 million, net income of $770,000, and earnings per share (diluted) of 2 cents...

SunGard enhances Astec Analytics Lending Pit solution
14 February 2011 New York
Reporter: Justin Lawson

SunGard has increased the coverage of Astec Analytics Lending Pit, its browser-based market access solution for securities finance professionals, with the additional of a new portfolio evaluation tool. The new Lending Pit XL add-in gives users....