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Acadia hires Smith and Thomey as co-heads


07 June 2022 US
Reporter: Carmella Haswell

Stuart Smith and William Thomey will join Acadia in newly created roles as co-heads of business development in its London and New York offices
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OCC securities lending ADV jumps 6% YoY for May


06 June 2022 US
Reporter: Carmella Haswell

Total cleared securities lending volume rises to US$127.2 billion for May, with total cleared futures and options up 19.7 per cent YoY to 866.4 million contracts
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Cum-ex suspect Sanjay Shah arrested in Dubai


06 June 2022 UAE
Reporter: Bob Currie

Arrest follows an extradition treaty signed between Denmark and the UAE in March. The Danish government is seeking to recover close to US$1.5 billion in connection with the cum-ex case
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Ottawa’s Tradex Management picks RBC I&TS for investor services


02 June 2022 Canada
Reporter: Jenna Lomax

Investor-owned fund manager Tradex Management has selected RBC Investor & Treasury Services to provide its full suite of back-office investor services, including custody, fund accounting, securities lending and transfer agency
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Arizona State Retirement System selects BNY Mellon Asset Servicing


02 June 2022 US
Reporter: Jenna Lomax

Arizona State Retirement System (ASRS) has selected BNY Mellon Asset Servicing to provide services for its ASRS trust fund. As part of the mandate, BNY Mellon Asset Servicing will provide the trust fund with oversight on core custody services, alt