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Private equity firms acquire stake in Pirum
05 February 2015 London
Reporter: Mark Dugdale

Five Arrows Principal Investments and Camwell Management have agreed to acquire an interest in post-trade provider Pirum Systems for an undisclosed sum...

Larry Albaugh arrives at eSecLending
05 February 2015 Boston
Reporter: Becky Butcher

Larry Albaugh has joined eSecLending as vice president and head of project management...

Decline in US pension plans, says BNY Mellon
05 February 2015 New York
Reporter: Stephanie Palmer

The funded status of typical US corporate pension plans declined by 4.9 percentage points to 82.4 percent in January, according to BNY Mellon鈥檚 Investment Strategy and Solutions Group...

Dave Tomlinson joins BorrowersFirst as president
05 February 2015 Texas
Reporter: Becky Butcher

Dave Tomlinson has joined BorrowersFirst, a lending platform, as its president and CEO and has also been appointed to the firm鈥檚 board of directors...

4sight improves triparty collateral functions
05 February 2015 Edinburgh
Reporter: Stephanie Palmer

4sight software has launched a new triparty functionality to support its securities finance and collateral management system...

Good start to 2015 for Eurex Repo
04 February 2015 Frankfurt
Reporter: Stephanie Palmer

Eurex Repo reported a positive start to 2014, with its January figures showing an increase of 11 percent across all markets...

SmartStream buys IBM鈥檚 Algorithmics collateral system
04 February 2015 London
Reporter: Stephanie Palmer

SmartStream Technologies has acquired IBM鈥檚 Algorithmics Collateral Solution, including all assets related to software and support...

SEC names acting investment management director
04 February 2015 Washington DC
Reporter: Becky Butcher

The US Securities and Exchange Commission has named David Grim as acting director of the investment management division...

CalPERS receives $301 million in damages
04 February 2015 Sacramento
Reporter: Stephen Durham

The CalPERS is poised to receive approximately $301 million in damages from S&P's and parent company McGraw-Hill Financial, as a result of settlements in cases against S&P that stemmed from its rating of mortgage-backed and other securities...

Wells Fargo adds pair to prime
03 February 2015 New York
Reporter: Becky Butcher

Wells Fargo Securities has added Wendy Beer and George Jamgochian as directors in its prime services businesses. They will be based in New York...

New director of European sales for Trading Apps
03 February 2015 London
Reporter: Becky Butcher

Laura Allen has joined Trading Apps as its new director of sales for the UK and European region, in order to further develop its client base...

OCC reports dips across the board
03 February 2015 Chicago
Reporter: Stephanie Palmer

OCC鈥檚 average daily cleared contract volume saw a 5 percent decline in January 2015, compared to the same period last year...