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Conifer Group hires several for New York


16 August 2013 New York
Reporter: Georgina Lavers

The Conifer Group, a provider of fund administration, middle office, trading and prime brokerage services to the hedge fund industry, announced several new hires in the firm's New York office...
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EquiLend and BNY Mellon chain up their RQV


15 August 2013 New York
Reporter: Georgina Lavers

Anticipating demand for timely settlement of collateral, EquiLend has created a new triparty connectivity service helps to expedite the agreement and communication of required value (RQV) figures...
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Pension funds bite nails over Dodd Frank margin demands


15 August 2013 New York
Reporter: Georgina Lavers

Northern Trust has released a paper on capital requirements for pension funds in the wake of the US Dodd Frank Act that encourages collateral management as a solution to demanding margin requirements...
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Citi recruits again for prime brokerage


14 August 2013 New York
Reporter: Georgina Lavers

David Tenney has been hired to Citi’s prime brokerage business as a managing director and regional head of sales for the Americas...
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Bob Egan takes on EquiLend role


13 August 2013 New York
Reporter: Mark Dugdale

Former Kellner Capital securities lending senior vice president Bob Egan is consulting with EquiLend...
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Private equity firm buys eSecLending


13 August 2013 Boston
Reporter: Mark Dugdale

Securities lending agent eSecLending is under new ownership. Parthenon Capital Partners has bought the company for an undisclosed sum...
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Cotter and Biagioli leave UBS roles


12 August 2013 New York
Reporter: Jenna Jones

A source has confirmed that Bryan Biagioli and Stephen Cotter have left their roles at UBS Investment Banking...
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Wells Fargo comments on lawsuit win


12 August 2013 Minnesota
Reporter: Georgina Lavers

A Minnesota jury has cleared Wells Fargo in the lawsuit levelled at the bank by Blue Cross and Blue Shields...
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New York Federal Bank starts reverse repos


12 August 2013 New York
Reporter: Georgina Lavers

The Federal Reserve Bank of New York has released a statement reiterating that it is ready to support any reserve draining operations that the Federal Open Market Committee might direct...