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All latest securities finance news

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Cash contribution removes redemption restrictions


08 July 2010 Boston
Reporter:

State Street announced yesterday that it recorded a second quarter 2010 after-tax charge of USD251 million, including a related cash contribution to certain common and collective trust funds managed by State Street Global Advisors ("SSgA") that engag
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BNY Mellon Clearing becomes a member


08 July 2010 New York
Reporter:

BNY Mellon and The International Derivatives Clearing Group, LLC (IDCG) announced this week that BNY Mellon Clearing, LLC will become a clearing member of the International Derivatives Clearinghouse LLC (IDCH).
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Dechert boosts London finance and funds capability


07 July 2010 London
Reporter:

Dechert LLP announced this week that James Waddington (Jim) has joined the firm in London as a partner. Prior to joining Dechert, Jim was a partner at Orrick, Herrington & Sutcliffe LLP.
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BNY Mellon Asset Servicing creates GFI group


07 July 2010 New York
Reporter:

BNY Mellon Asset Servicing, has established a new Global Financial Institutions (GFI) group focused on supporting the future needs and growth plans of clients and prospects in the banking, mutual fund and insurance sectors.
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8 Days to go.


07 July 2010 Guernsey
Reporter:

Kohlberg Kravis Roberts & Co. L.P. (KKR & Co. L.P.) To Commence Trading On The New York Stock Exchange on July 15, 2010
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Rothenhauser joins Macquarie


07 July 2010 Frankfurt
Reporter:

Macquarie Securities this week announced Rupertus Rothenhauser has joined as Head of Sales for Structured Products & Exotics, Europe. Based in Frankfurt, he will be responsible for sales and marketing of Macquarie's structured products
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ICMA and ISLA partner on GMRA workshops


06 July 2010 London
Reporter:

The International Capital Market Association (ICMA) and the International Securities Lending Association (ISLA) will partner to hold joint public workshops on the Global Master Repurchase Agreement (GMRA)
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Daiwa Capital Markets growth through acquisition


05 July 2010 London
Reporter:

Daiwa Capital Markets (Daiwa), is acquiring the global convertible bonds and Asian equity derivatives business lines of Belgium's KBC Group NV for a total consideration of approximately USD 1bn
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Shin Kong Financial goes live with Algorithmics


05 July 2010 Taipei
Reporter:

Algorithmics, announced today that Shin Kong Financial Holding Co Ltd, has gone live with Algorithmics' market risk solution for enterprise risk management across the whole group.
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Post-MiFID Market Transparency Initiative


05 July 2010 New York
Reporter:

NYSE Technologies and Markit, has announced the launch of a joint initiative designed to consolidate data and enhance transparency in the European over the counter (OTC) equity markets.