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Northern Trust chosen to serve City of Tallahassee

14 August 2015 Chicago
Reporter: Drew Nicol

Global bank Northern Trust has been chosen by the City of Tallahassee to serve as global custodian for its $2.1 billion in assets.

Securities lending revenue boom for Hong Kong

14 August 2015 Hong Kong
Reporter: Drew Nicol

Hong Kong is enjoying a surge in lending revenues that has made the Asian jurisdiction the third largest equity lending market, behind the US and Germany, according to recent Markit data...

Weeden Prime Services expands to meet growing demand

14 August 2015 Connecticut
Reporter: Drew Nicol

Weeden Prime Services, a US-based prime brokerage services provider for hedge funds, has expanded its sales and client services teams...

Hong Kong Stock Exchange securities list updated

13 August 2015 Hong Kong
Reporter: Drew Nicol

The Stock Exchange of Hong Kong Limited is revising its listed securities for short selling to add 76 and remove 11 existing securities, effective 14 August...

Mixed figures for Clearstream

13 August 2015 Frankfurt
Reporter: Stephanie Palmer

Clearstream鈥檚 global securities financing business registered a 3 percent dip in its monthly average outstanding for June 2015...

SunGard sells for $9.1 billion

12 August 2015 Jacksonville, Florida
Reporter: Stephanie Palmer

Banking and payment technology provider FIS has signed an agreement to acquire SunGard for a value of $9.1 billion...

AIMA launches new Basel III impact survey

12 August 2015 London
Reporter: Drew Nicol

A new survey exploring the impact of Basel III bank capital rules on money managers and their financing relationships has been launched by the Alternative Investment Management Association (AIMA) and S3 Partners...