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Withdrawal from securities lending enhances rating
30 September 2010 Oldwick
Reporter: Justin Lawson

A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a" of COPIC Insurance Company (COPIC) (Denver, CO).

UniCredit's collateral expansion
30 September 2010 Munich
Reporter: Justin Lawson

UniCredit Bank Germany have appointed Sven Weinhold to the repo and collateral trading team. Weinhold will be based in Munich and joins on 1st October reporting to Arne Theia

Sedona case heading for trial
29 September 2010 New York
Reporter: Ben Wilkie

Andreas Badian and other defendants are set for trial in early 2011 in the SEC's lawsuit over naked short selling...

Industrial's Shanghai IPO hits target
29 September 2010 Shanghai
Reporter: Ben Wilkie

Securities lending the target as Industrial Securities Co raises the maximum amount it sought, 2.63 billion yuan, in its Shanghai IPO...

Barclays beefs up prime services team
29 September 2010 London
Reporter: Ben Wilkie

Barclays Capital has made a series of appointments in its prime services as part of a drive to build up the servicing and financing business to hedge funds.

Key asset servicing hires in the Nordics
28 September 2010 Stockholm
Reporter: Justin Lawson

Northern Trust appoints Larsson and Norland as senior relationship managers in its Stockholm office, in line with the company's strategy of serving clients as close to their home market as possible.

South Carolina to go it alone
28 September 2010 South Carolina
Reporter: Ben Wilkie

The South Carolina Pension Fund is to create a management firm to look after its assets, in a move that could see it offering its own securities lending services...

Clearstream celebrates 40 years
28 September 2010 Frankfurt
Reporter: Ben Wilkie

The international central securities depository (ICSD) Clearstream (previously Cedel) has reached its 40th birthday...

Helping with your reporting requirements
28 September 2010 London
Reporter: Justin Lawson

SunGard has launched Asset Arena Investment Book, a new module of Asset Arena Investment Accounting which provides asset managers & servicers with simultaneous back- and middle-office views of investment portfolios.

NY Fed cuts asset requirements for reverse repo
28 September 2010 New York
Reporter: Ben Wilkie

The Federal Reserve Bank of New York has announced that the amount of net assets for money funds to be eligible to take part in reverse repo transactions has been halved...

Interactive Data incorporating Wocu
28 September 2010 London
Reporter: Steven Lafferty

Interactive Data is incorporating the World Currency Unit (Wocu) into its real-time market data services making them the first data vendor to provide its global client base with access to the Wocu.

Signina Capital want more regulation
28 September 2010 Luxembourg
Reporter: Justin Lawson

Hedge funds seeking more rigorously regulated jurisdictions to meet investor demand for transparency and governance