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SunGard's hottest stocks


20 August 2014 Global
Reporter: Stephen Durham

The hottest stocks from around the globe for the week beginning 18 August 2014 have been compiled by SunGard’s Astec Analytics...
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BoA Merrill Lynch loses Champion


20 August 2014 Hong Kong
Reporter: Mark Dugdale

Eric Champion has left his role as equity finance director at Bank of America Merrill Lynch, sources have confirmed...
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London calling Confisio


19 August 2014 London
Reporter: Catherine Van de Stouwe

A new London office has opened up for regulatory and operational solutions firm, Confisio...
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Wells Fargo settles class action for $62.5 million


19 August 2014 Michigan
Reporter: Stephen Durham

The US District Court, District of Minnesota has granted final approval of a $62.5 million settlement in a class action against Wells Fargo Bank on behalf of participants in the bank’s securities lending programme...
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All clear given by NSD’s supervisory board


18 August 2014 Moscow
Reporter: Catherine Van de Stouwe

The National Settlement Depository’s (NSD) clearing rules have been approved in a meeting of the supervisory board...
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NSD boosts collateral management


15 August 2014 Russia
Reporter: Tammy Facey

National Settlement Depository (NSD) has promoted Alina Akchurina to managing director at the central securities depository...
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New CEO at ISDA


14 August 2014 New York
Reporter: Tammy Facey

The International Swaps and Derivatives Association (ISDA) has hired Scott O’Malia as CEO and director of the association, effective 18 August...
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Board reshuffle at Goldman Sachs


14 August 2014 New York
Reporter: Mark Dugdale

Goldman Sach’s lead director and chair of the board, James Schiro, has retired. Adebayo Ogunlesi has been elected to take over the role....
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4 percent of banks ready for collateral changes


14 August 2014 London
Reporter: Catherine Van de Stouwe

Research by 4sight and Rule Financial shows that many financial firms are still to start preparations for collateral management of centrally cleared derivatives...
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FINRA okays Wells Fargo's self-clearing prime product


14 August 2014 New York
Reporter: Mark Dugdale

Wells Fargo Securities will go-ahead with the launch of its self-clearing prime brokerage platform after receiving approval from the Financial Industry Regulatory Authority...
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Rise in GSF transactions for Clearstream


12 August 2014 Frankfurt
Reporter: Stephen Durham

Growing industry demand for Global Securities Financing (GSF) services has caused Clearstream’s monthly average outstanding to increase to €619.5 billion for the month of July 2014...