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Credit Suisse gains license in India


12 August 2010 Mumbai
Reporter: Steven Lafferty

Credit Suisse announced today that it has received a license from the Reserve Bank of India to establish a bank branch in Mumbai. This license enables Credit Suisse to expand it's offering in the Indian market.
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La-Z-Boy under pressure


12 August 2010 Sacramento
Reporter: Justin Lawson

Three proxy advisors are backing a proposal by the CalPERS to require directors of La-Z-Boy to stand for annual elections. Glass Lewis, Egan-Jones, and RiskMetrics endorsed Proposal 4, annual shareowners' meeting is on August 18.
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J.P. Morgan Joins EuroCCP as general clearing participant


11 August 2010 London
Reporter: Justin Lawson

EuroCCP and J.P. Morgan Worldwide Securities Services announced today that J.P. Morgan has become a general clearing participant (GCP) in EuroCCP, which provides clearing and settlement services for a wide range of European markets.
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Saul builds team to maximise returns


11 August 2010 London
Reporter: Ben Wilkie

Kevin Wade has been appointed to the new position of head of investments at the Superannuation Arrangements of the University of London (Saul), the pension scheme of the university...
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Gelsomino appointed at Prudential Bache


11 August 2010 New York
Reporter: Justin Lawson

Prudential Bache have announced the appointment of Joseph P. Gelsomino as Vice President, FX Sales. A senior foreign exchange salesperson, Gelsomino will be based in New York and will report to Brian Jaspers
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Kiraly moves to HSBC


11 August 2010 Hong Kong
Reporter: Ben Wilkie

Matt Kiraly has been appointed head of sales for Asia-Pacific at HSBC Prime Services. He will be responsible for the sales and marketing of the Pime Services business in Asia, based in Hong Kong...
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BTIG Appoints Michael Nethercott as a Director


10 August 2010 New York
Reporter: Justin Lawson

Continuing on from our story on the 5th August BTIG announces the appointment of Michael Nethercott as a Director in Equity Sales Trading. Nethercott joins BTIG from Lighthouse Financial Group
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ConvergEx Grows its NorthPoint Business


09 August 2010 New York
Reporter: Steven Lafferty

ConvergEx Group, has announced that it has expanded NorthPoint Trading Partners, its recently acquired boutique prime services business, with four new hires.
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RBC Dexia appoints Thompson as CFO


09 August 2010 London
Reporter: Justin Lawson

RBC Dexia Investor Services has appointed John W. Thompson to the post of Chief Financial Officer (CFO), subject to regulatory approval. Based in Toronto and reporting to CEO Jose Placido, he is scheduled to join today, August 9, 2010.
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BlackRock looks to ETFs for shorts


08 August 2010 New York
Reporter: Ben Wilkie

BlackRock has applied for regulatory approval for the right to sell short when running exchange traded funds that track market indices.