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New head of international trading at Nomura
13 August 2010 New York
Reporter: Ben Wilkie

Nomura Securities has hired Jon Block as head of International trading in the Americas, with responsibility for trading and sales-trading of non-US stocks...

ING reports profit growth
13 August 2010 Amsterdam
Reporter: Ben Wilkie

ING's net profit for the second quarter of the year has risen to EUR1.2 billion...

ASICs adopts FIX Protocol for short position reporting
13 August 2010 London
Reporter: Steven Lafferty

FIX Protocol Limited (FPL) welcomes the Australian Securities & Investments Commission (ASIC's) adoption of the FIX Protocol messaging standard for reporting of short position

BarCap and Credit Suisse wield the axe
12 August 2010 London
Reporter: Ben Wilkie

BarCap and Credit Suisse have announced a number of job cuts...

Credit Suisse gains license in India
12 August 2010 Mumbai
Reporter: Steven Lafferty

Credit Suisse announced today that it has received a license from the Reserve Bank of India to establish a bank branch in Mumbai. This license enables Credit Suisse to expand it's offering in the Indian market.

La-Z-Boy under pressure
12 August 2010 Sacramento
Reporter: Justin Lawson

Three proxy advisors are backing a proposal by the CalPERS to require directors of La-Z-Boy to stand for annual elections. Glass Lewis, Egan-Jones, and RiskMetrics endorsed Proposal 4, annual shareowners' meeting is on August 18.

J.P. Morgan Joins EuroCCP as general clearing participant
11 August 2010 London
Reporter: Justin Lawson

EuroCCP and J.P. Morgan Worldwide Securities Services announced today that J.P. Morgan has become a general clearing participant (GCP) in EuroCCP, which provides clearing and settlement services for a wide range of European markets.

Saul builds team to maximise returns
11 August 2010 London
Reporter: Ben Wilkie

Kevin Wade has been appointed to the new position of head of investments at the Superannuation Arrangements of the University of London (Saul), the pension scheme of the university...

Gelsomino appointed at Prudential Bache
11 August 2010 New York
Reporter: Justin Lawson

Prudential Bache have announced the appointment of Joseph P. Gelsomino as Vice President, FX Sales. A senior foreign exchange salesperson, Gelsomino will be based in New York and will report to Brian Jaspers

Kiraly moves to HSBC
11 August 2010 Hong Kong
Reporter: Ben Wilkie

Matt Kiraly has been appointed head of sales for Asia-Pacific at HSBC Prime Services. He will be responsible for the sales and marketing of the Pime Services business in Asia, based in Hong Kong...

BTIG Appoints Michael Nethercott as a Director
10 August 2010 New York
Reporter: Justin Lawson

Continuing on from our story on the 5th August BTIG announces the appointment of Michael Nethercott as a Director in Equity Sales Trading. Nethercott joins BTIG from Lighthouse Financial Group

Associations respond to European Commission
10 August 2010 Brussels
Reporter: Ben Wilkie

ISLA, ISDA and the AFME have responded to the European Commission's consultation on short selling rules.