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Macquarie enhances sales trading operations


31 August 2010 London
Reporter: Steven Lafferty

Macquarie Securities Group, the institutional equities arm of Macquarie Group, has appointed Daryl Bowden as head of sales trading for Europe.
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BlackRock veteran tapped to join J.P Morgan


31 August 2010 New York
Reporter: Justin Lawson

J.P. Morgan Asset Management has announced the appointment of Michael O'Brien to the newly created role of global head of institutional client group.
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J.P. Morgan appointed depositary bank by Jindal Cotex


30 August 2010 Hong Kong
Reporter: Justin Lawson

J.P. Morgan has announced that it has been appointed depositary bank by India-based Jindal Cotex Limited, following the company's recent USD 38.5 million Global Depositary Receipt listing on the Luxembourg Stock Exchange
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Athens Exchange lifts some short selling restrictions


30 August 2010 Athens
Reporter: Steven Lafferty

The Athens Exchange has released an announcement regarding the lifting of certain short selling restrictions and how it sees the securities lending market moving forwards.
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Securities Lending exposure minimal


30 August 2010 Stockholm
Reporter: Justin Lawson

Swedish HQ Bank is facing liquidation, meaning other banks in the region are left to help existing customers...
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Kaufman Rossin top rated in hedge fund administration survey


29 August 2010 Miami
Reporter: Justin Lawson

Kaufman Rossin Fund Services continues to be rated at the top among hedge fund administrators in the 15th annual survey of hedge fund clients conducted by Global Custodian magazine. KRFS received a score of 6.54
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New hires for UBS in Asia


27 August 2010 Hong Kong
Reporter: Ben Wilkie

The Asian prime brokerage arm of UBS is beefing up its team with a series of new appointments...
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Greece set to lift short selling ban


27 August 2010 Athens
Reporter: Ben Wilkie

The Greek regulator has said it will lift the ban on short selling, according to the head of the Athens Stock Exchange...
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Kas Bank reports drop in SL income


27 August 2010 Amsterdam
Reporter: Ben Wilkie

Kas Bank has reported a drop in profits of five per cent for the first half of 2010, down in part to a significant fall in securities lending income...
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Parkcentral investors sue Ernst and Young


27 August 2010 Houston
Reporter: Ben Wilkie

A group of investors who lost money following the collapse of hedge fund Parkcentral have sued auditor Ernst & Young, accusing it of fraud...
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DTCC and Chilean Depository sign agreement to collaborate


27 August 2010 Santiago
Reporter: Justin Lawson

The Deposito Central de Valores, S.A. (DCV) of Chile and The Depository Trust & Clearing Corporation (DTCC) of the U.S. have signed an agreement which will serve as a basis for future collaboration.
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Hedge Fund association to engage with U.S. authorities


26 August 2010 London
Reporter: Justin Lawson

The Alternative Investment Management Association will engage with U.S. policy makers over the implementation of the Dodd-Frank Act and has set out several key areas of focus ahead of September meetings.