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Citi Launches New Collateral Management Unit
22 May 2010 New York
Reporter:

Citi recently announced the creation of a new Collateral Management Services unit within its Securities and Fund Services business. Rajen Shah joins from JPMorgan Chase as Global Head; Pierre Mengal joins from Standard Chartered as Asia Regional Head

CalPERS applaudes US Senate
21 May 2010 Sacramento
Reporter:

The California Public Employees' Retirement System (CalPERS) today applauded the US Senate for passing the most sweeping overhaul of financial market regulations since the Great Depression.

J.P. Morgan Announces Auto Substitution
20 May 2010 New York
Reporter:

J.P. Morgan announced Auto Substitution, new functionality that enhances the operating model of the U.S. Tri-Party Repo market in support of the recommendations issued by the Payments Risk Committee-sponsored Tri Party Repo Infrastructure Task Force.

New head of Prime Consulting
20 May 2010 Hong Kong
Reporter:

Credit Suisse has announced that it's appointed Vasundhara Pradeep as Head of Prime Consulting Asia Pacific. The creation of this new position demonstrates Credit Suisse's commitment to offering its hedge fund clients the most comprehensive service

No more naked in Germany
19 May 2010 Frankfurt
Reporter:

General Decree of the Federal Financial Supervisory Authority (BaFin) on the prohibition of uncovered short-selling transactions in debt securities of Member States of the EU whose legal currency is the euro of 18 May 2010

Turkish repo rate decision
19 May 2010 Ankara
Reporter:

The Monetary Policy Committee (The Committee) has decided to keep overnight rates unchanged as follows, and to implement the technical rate adjustment by setting the one week repo auction rate at 7 percent

Wise price for Rice
18 May 2010 New York
Reporter:

Rice University endowment head Scott W. Wise will join TIAACREF as chief investment officer of a new business that will provide investment management services for endowments and foundations nationwide.

Tri-Party Repo Reform
17 May 2010 New York
Reporter:

The Federal Reserve Bank of New York today announced the publication of a white paper on the work of the Tri-Party Repurchase Agreement (Repo) Infrastructure Reform Task Force. The white paper highlights policy concerns over weaknesses

State Street acquires Intesa Sanpaolo's Securities Services business
17 May 2010 Boston
Reporter:

State Street Now the Largest Investment Service Provider in Italy; Expands Presence in Luxembourg. Gains Long-Term Investment Servicing Agreement with Eurizon Capital, the Largest Fund Manager in Italy

NEW - BondLend, securities finance technology for fixed income
17 May 2010 New York
Reporter:

BondLend announced today the roll-out of its Securities Finance platform targeted specifically to the fixed income lending and repo community.

BNY Mellon Asset Servicing tops two
16 May 2010 Pittsburgh
Reporter:

BNY Mellon Asset Servicing, has been ranked No.1 in the Single Provider and USD 1-10 Billion categories within Global Custodian magazine's 2010 Securities Lending survey.

O'Connor finds new land
15 May 2010 Chicago
Reporter:

Terra Nova Financial, LLC, (Terra Nova) recently announced the addition of Mark P. O'Connor as Managing Director of Sales.