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Philippe Lopategui resigns from RBS


17 July 2012 London
Reporter: Georgina Lavers

Philippe Lopategui has resigned from RBS as managing director, head of Equity Prime Services Europe at RBS Global Banking & Markets...
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Maple selects SunGard’s Apex


16 July 2012 Toronto
Reporter: Mark Dugdale

Financial services provider Maple Financial Group has chosen SunGard’s Apex securities finance solution for its operations in Frankfurt, London, Toronto and New Jersey...
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Goldman cuts back prime brokerage in Japan


16 July 2012 Tokyo
Reporter: Georgina Lavers

Goldman Sachs is paring down their Japanese prime brokerage business after the planned exit of unit head Toru Okabe. Okabe will leave the bank by the end of the month, after working in Goldman's prime brokerage section since 2000....
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Brian Crowe to stand down at Lombard


16 July 2012 London
Reporter: Georgina Lavers

Brian Crowe, a non-executive director of Lombard Risk Management has stood down after a career change. Crowe joined the board in 2004 at the time of its IPO on AIM...
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Short selling has implications for SEB and EMCF


13 July 2012 Sweden
Reporter: Georgina Lavers

The European cash equities clearing company EMCF published a letter to clients on short selling. "We would like to bring the implementation of the EU Regulation on short selling to your attention...
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Peter Herrlin is London prime brokerage head at SEB


13 July 2012 London
Reporter: Georgina Lavers

Peter Herrlin will be the new head of the SEB’s prime brokerage division in London. Herrlin, who joined SEB in 2010, succeeds Atilla Olesen, who has transferred to Denmark...
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Tullett Prebon to offer anonymous trading with prime brokers


12 July 2012 London, New York and Singapore
Reporter: Georgina Lavers

Inter-dealer broker Tullett Prebon has a beta release of tpSPOTDEAL, a spot FX platform. The company has used Integral Development Corp., which supplies FX trading solutions and services, as its chosen technology provider...
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Finadium surveys asset managers


12 July 2012 Massachusetts
Reporter: Mark Dugdale

Securities and investment research firm Finadium has released a report that identifies current concerns and future trends across custody, securities lending and collateral management...
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Iowa brokerage Peregrine files for bankruptcy


11 July 2012 Iowa
Reporter: Georgina Lavers

Peregrine Financial Group in Iowa (PFG) has had its accounts frozen after the National Futures Association (NFA) accused the brokerage of misrepresenting bank statements...
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J.P. Morgan integrates teams ahead of regulatory reform


11 July 2012 New York
Reporter: Mark Dugdale

J.P. Morgan has integrated the teams responsible for brokering client derivatives and securities trades with those that look after the back office aspects of those trades in response to regulatory reforms...