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Aggressive short selling fund changes name


01 May 2011 New York
Reporter: Steven Lafferty

Midas Special Fund, a mutual fund investing aggressively for capital appreciation, has changed its name to Midas Magic, Inc. The Fund will continue to be available under its current ticker symbol, MISEX.
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CalPERS criticises Goldman's Lehman plan


28 April 2011 Sacramento
Reporter: Ben Wilkie

The California Public Employees’ Retirement System (CalPERS) has criticised the plan filed by Goldman Sachs and others for the liquidation of Lehman Brothers Holdings Inc. (LBHI)...
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BNY Mellon introduces tri-party repo services


28 April 2011 New York
Reporter: Ben Wilkie

BNY Mellon has introduced a series of new services that will improve the infrastructure, operations and systems supporting its tri-party repo clients...
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Rockall Technologies opens new Dubai office


27 April 2011 Dubai
Reporter: Justin Lawson

Rockall Technologies, has opened a new office in Dubai. Rockall Tech is expanding its operations within the Middle East to take account of increased interest from the region and to allow the company to serve the ME and North Africa at a local level..
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Japan extends short selling rules


27 April 2011 Tokyo
Reporter: Ben Wilkie

The Japanese FSA has extended the temporary measures regarding restrictions on short selling and purchase of own stocks by listed companies...
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Two promotions at BNY Mellon


21 April 2011 New York
Reporter: Ben Wilkie

BNY Mellon has appointed Susan Skerritt to lead global product management & strategic development for treasury services, with Alan Verschoyle-King named head of global sales & relationship management...
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Erickson to join J.P. Morgan


21 April 2011 New York
Reporter: Ben Wilkie

Chris Erickson is reported to be joining J.P. Morgan's prime brokerage division...
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Wannenmacher to join UBS


21 April 2011 Tokyo
Reporter: Ben Wilkie

Tim Wannenmacher is to join UBS as head of prime services for the Asia-Pacific region. He will replace David Gray, who has left the bank after 17 years...
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Robeco opens desk in HK


21 April 2011 Hong Kong
Reporter: Ben Wilkie

Robeco Â鶹´«Ã½ Lending has established a securities lending desk in Hong Kong, focused on securities lending and swaps in the Asian markets...