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Middle East growth


04 August 2010 Riyahd
Reporter: Justin Lawson

Deutsche Bank sets up dedicated corporate treasury sales platform in Saudi Arabia and appoints senior bankers to lead its efforts
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No change for La-Z-Boy's


04 August 2010 Sacramento
Reporter: Steven Lafferty

CalPERS to ask shareowners at La-Z-Boy Inc.'s August 18 meeting to vote for the Pension Fund's proposal for the annual election of all company directors. Currently, La-Z-Boy directors serve in "classes" with staggered terms on the company's board.
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BNY Mellon structured finance appointments


03 August 2010 New York
Reporter: Steven Lafferty

BNY Mellon Corporate Trust has appointed Richard P. Stanley and Debra A. Baker to oversee its structured finance business lines, reporting to Scott Posner, CEO of BNY Mellon Corporate Trust.
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NY Fed to begin reverse repo tests


03 August 2010 New York
Reporter: Justin Lawson

The NY Fed intends to conduct a series of small-scale, real-value reverse repurchase transactions with primary dealers using all eligible collateral types, including, for the first time, agency mortgage-backed securities (MBS) from the SOMA portfolio
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Management appointments at Daiwa


03 August 2010 London
Reporter: Steven Lafferty

Daiwa Capital Markets appoints Chris Brown as Deputy Head of Fixed Income for Europe & the Middle East and Vince Purton as Head of Debt Capital Markets for the region.
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Hedge funds win Lehman battle


03 August 2010 London
Reporter: Ben Wilkie

Hedge funds whose money was not properly ringfenced when Lehman Brothers went into administration have won a High Court battle to gain access to client money deposited with the UK division of the bank...
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Lanzamos en agosto


03 August 2010 London
Reporter: Justin Lawson

LCH.Clearnet Group, is to launch clearing for Spanish government bonds and repos. The first service is due to be launched on 9 August 2010 in response to significant market demand from both domestic and international banks.
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Eurex repo continues to grow


02 August 2010 Frankfurt
Reporter: Ben Wilkie

At the international derivatives markets of Eurex, an average daily volume of 8.1 million contracts was traded in July...
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West joins Dechert LLP


02 August 2010 London
Reporter: Justin Lawson

Dechert LLP announced today that M. Holland West, a leading private funds and derivatives lawyer, has joined the firm as a partner in the financial services practice group in the New York office.
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A first for service providers


02 August 2010 New York
Reporter: Justin Lawson

BNY Mellon Asset Servicing, became the first service provider to support short positions in an exchange-traded fund (ETF)
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Myo Schollum, Head of Prime Services Coverage Japan


02 August 2010 Tokyo
Reporter: Steven Lafferty

Credit Suisse announced today the appointment of Myo Schollum as Head of Prime Services Coverage in Japan, underlining the Bank's continuing commitment to serving the Japanese hedge fund community