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Eurex broadens collateral reach


14 January 2014 Frankfurt
Reporter: Georgina Lavers

Eurex Clearing has extended its collateral services by providing direct connectivity into Clearstream’s triparty collateral management service (the global liquidity hub)...
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Matteo Cassina joins Saxo Bank


13 January 2014 London
Reporter: Georgina Lavers

Prime brokerage veteran Matteo Cassina has joined Saxo Bank in a push to expand the bank’s growth within the institutional space...
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Clearstream's GSF rises 7 percent


13 January 2014 Frankfurt
Reporter: Georgina Lavers

Clearstream’s global securities financing (GSF) services, which include triparty repo, securities lending and collateral management, increased by 7 percent year-on-year, the company reported...
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Short sellers were early indication of 2008 crisis


10 January 2014 Dallas
Reporter: Georgina Lavers

Actions of short sellers likely provided an early warning of banks’ upcoming distress prior to the 2008 crisis, an academic study has suggested...
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BNY/CIBC Mellon merger formalises new roles


10 January 2014 Toronto
Reporter: Georgina Lavers

Three months after BNY Mellon and CIBC Mellon created a lending giant with the merger of their two desks, Phil Zywot and his team have formally become BNY Mellon employees from 1 January 2014...
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Utilisation of Twitter stays buoyant


08 January 2013 New York
Reporter: Georgina Lavers

Utilisation levels for Twitter remain high after low trading levels in the Christmas month, SunGard reported...
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Doran Jones hires technology leader Dan McGovern


07 January 2013 Charlotte, North Carolina
Reporter: Mark Dugdale

Doran Jones has recruited Dan McGovern for a senior management role. He joins the consultancy firm from J.P. Morgan, adding technology leadership to its expanding business in Charlotte, North Carolina...
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OCC reshuffles management


07 January 2014 Chicago
Reporter: Georgina Lavers

The Options Clearing Corporation (OCC) has reshuffled its leadership team, and appointed Craig Donohue as executive chairman, with Michael Cahill becoming president and CEO...
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Cantor Fitzgerald hires Franz Bucher


07 January 2014 London
Reporter: Georgina Lavers

Cantor Fitzgerald Europe has continued to expand its European credit fixed income team with the appointment of Franz Bucher as managing director in London...