Company founder of Green Mountain Coffee Roasters Robert Stiller was forced by his bankers to sell $125.5 million of stock after borrowing against his own shares...
The Stock Exchange of Hong Kong has amended the rules that regulate the short selling of designated securities after it conducted a review earlier this year...
US independent regulator the Financial Industry Regulatory Authority has hired Robert Colby as its chief legal officer, while general counsels Grant Callery and Marc Menchel are set to depart...
Financial information services company Markit has agreed to purchase Cadis, an enterprise data management provider. The deal follows Markit’s acquisition of securities lending data provider Data Explorers in April...
Post-trading services provider Clearstream of the Deutsche Börse Group has released its April 2012 global securities financing (GSF) services figures. For GSF services, the monthly average outstanding reached €570.7 billion...
Moody’s are considering industry-wide downgrades, with Morgan Stanley taking a potential $9.6 billion hit. After US financial stocks fell, the bank stated that counterparties may call $7.21 billion in additional collateral...
Trading and post-trade service provider EquiLend will work with BNY Mellon to migrate the communication of Triparty Required Value (RQV) figures from email to an automated process using the company’s triparty automated deal matching (ADM) platform.
Credit ratings agency Moody’s Investor Service has reacted negatively to the Wells Fargo Securities acquisition of Merlin Securities LLC, a prime brokerage and technology provider based in San Francisco and New York...
Sweden-based exchange and clearing company NASDAQ OMX Stockholm (OMX STO) set up three clearing funds to mutualise risk, and revised its collateral management structure so as not to rely too heavily on custodians that are also clearing members...
The training company's new securities lending education programme, which is aimed at professionals who want to develop an understanding of the industry, will be taught online...