Renaissance Capital, an emerging markets investment bank, has joined the SunGard Global Network (SGN) trading community. Renaissance Capital will be able to provide brokerage services...
Deutsche Bank is planning to open an agency securities lending desk in Hong Kong in the second quarter of 2012 so that it can provide a better service to its clients in local Asian markets. Greg Chamberlain will lead it...
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...
11 May 2012London and New York Reporter: Mark Dugdale
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...
Credit ratings agency Moody’s Investor Service has reacted negatively to the Wells Fargo Â鶹´«Ã½ acquisition of Merlin Â鶹´«Ã½ 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...
In April 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.9 million contracts, a 0.4 million increase year-on-year...