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Euroclear adds Frank LaSalla to board of directors
18 October 2012 New Jersey
Reporter: Jenna Jones

Frank LaSalla, has been named to the board of directors of both Euroclear and Euroclear SA/NV...

Securities finance dips in State Street鈥檚 Q3 2012 results
18 October 2012 Massachusetts
Reporter: Georgina Lavers

State Street's Q3 2012 results revealed securities finance revenue of $91 million, a decline of 36.4 percent from Q2 2012. But revenue was higher than it was in the same quarter in 2011...

CaIPERS appoints Eason as pension fund CFO
18 October 2012 Sacramento
Reporter: Jenna Jones

The California Public Employees Retirement System (CaIPERS) has hired Cheryl Eason as its CFO. In the newly created role, Eason will oversee the financial and risk management operations of the firm鈥檚 $243 billion pension fund...

Markit launches securities finance add-on for Factor platform
18 October 2012 London
Reporter: Mark Dugdale

Markit has released a new enhancement to Markit Data Analytics & Research鈥檚 Factor product that tracks short selling sentiment...

Newedge hires Schulz as chief risk officer for UK office
17 October 2012 London
Reporter: Jenna Jones

Newedge has appointed Michael Schulz as chief risk officer for Newedge UK Financial...

Clearstream and HKMA to launch joint collateral services
17 October 2012 Hong Kong
Reporter: Jenna Jones

Clearstream and the Hong Kong Monetary Authority (HKMA) plan to provide cross-border collateral management and liquidity services in Hong Kong...

Shock resignation as Vikram Pandit leaves Citi
16 October 2012 London
Reporter: Georgina Lavers

In a surprising turn, Vikram Pandit has abruptly left Citigroup after rumours that there were clashes between him and the board over strategy...

SS&C supports collateral management with new service
16 October 2012 Connecticut
Reporter: Georgina Lavers

SS&C Technologies has launched GoTrade+, an advanced, flexible middle-office service for complex investment portfolios. GoTrade+ supports post-trade activities of complex traded transactions...

Newedge hired as swap counterparty to EEA fund
15 October 2012 London
Reporter: Georgina Lavers

Prime broker Newedge has been appointed as swap counterparty to the EEA Diversified Trends fund. The fund, managed by EEA Fund Management, is Irish-domiciled...

Good news for BNY Mellon lawsuit
15 October 2012 New York
Reporter: Georgina Lavers

Filed in July 2009, a lawsuit against BNY Mellon looks to drag on even longer after a judge recently denied a motion for class certification...

Benga Sofoluwe heads to hedge fund in London
12 October 2012 London
Reporter: Mark Dugdale

Former Deutsche Bank head of European securities lending Benga Sofoluwe has joined the hedge fund EQI Asset Management...

Investec strengthens UK institutional sales team
12 October 2012 London
Reporter: Jenna Jones

In an effort to support UK institutional growth, Investec Asset Management has appointed Stephen Lee as sales director within its UK client group...