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Even keel for BNY Mellon
19 January 2011 New York
Reporter: Ben Wilkie

The Bank of New York Mellon Corporation has reported fourth quarter income from continuing operations applicable to common shareholders of $690 million...

First transactions on EquiLend via OCC
19 January 2011 New York
Reporter: Steven Lafferty

EquiLend clients have utilised the EquiLend platform to execute equity trade transactions which were centrally cleared via the OCC (Options Clearing Corporation)...

Three new hires at CIBC
18 January 2011 Toronto
Reporter: ben Wilkie

Canadian Imperial Bank of Commerce has appointed three new staff to its prime brokerage business...

Citi moves back into profit
18 January 2011 New York
Reporter: Ben Wilkie

Citigroup has reported fourth quarter 2010 net income of $1.3 billion, or $0.04 per diluted share, compared to a net loss of $7.6 billion, or $0.33 per diluted share, in the fourth quarter 2009...

Clearstream increases collateral range
18 January 2011 Luxembourg
Reporter: Justin Lawson

Clearstream, has added investments funds to its portfolio of asset classes eligible for collateral use. Clearstream customers can now leverage investment funds shares that are settled via and held by Clearstream...

AIMA responds to ESMA consultation on AIFMD
17 January 2011 London
Reporter: Steven Lafferty

The Alternative Investment Management Association (AIMA), has called for the implemented form of the Alternative Investment Fund Managers Directive (AIFMD) to be flexible, proportionate and based on the principles of openness and transparency.

Exclusive: SecFinex products to be cleared by BNP Paribas
16 January 2011 London
Reporter: Justin Lawson

SecFinex has announced that BNP Paribas Securities Services will become a General Clearing Member (GCM) of its platform.

S&P securities lending indices report significant drop
14 January 2011 New York
Reporter: Ben Wilkie

All three Standard & Poor's securities lending indices saw borrow spreads reach their lowest levels since 2009.

First securities lending conference of the year
14 January 2011 Luxembourg
Reporter: Justin Lawson

GSF Summit 2011: New regulations force liquidity and collateral management solutions on a global scale. Taking place in Luxembourg on 19 and 20 January with a record number of 700+ participants registered from over 30 countries.

ASIC standardises reporting of short positions
13 January 2011 Sydney
Reporter: Ben Wilkie

The Australian Securities and Investments Commission has issued a class order that will clarify and standardise reporting of short positions in the Australian securities market...

Elliott joins board at Huntingdon
13 January 2011 Columbus
Reporter: Ben Wilkie

Huntington Bancshares Incorporated has appointed Steven G. Elliott, retired senior vice chairman of BNY Mellon, to its board...

Top collateral management vendor
12 January 2011 London
Reporter: Steven Lafferty

For the fifth year running, Algorithmics, has won the collateral management category in a leading publications risk technology rankings. This is in addition to the overall prize for enterprise-wide risk management and 14 other top three positions.