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Generic business image for news articles Turkish repo rate decision
19 May 2010 Ankara
Reporter:

The Monetary Policy Committee (The Committee) has decided to keep overnight rates unchanged as follows, and to implement the technical rate adjustment by setting the one week repo auction rate at 7 percent
Generic business image for news articles Wise price for Rice
18 May 2010 New York
Reporter:

Rice University endowment head Scott W. Wise will join TIAACREF as chief investment officer of a new business that will provide investment management services for endowments and foundations nationwide.
Generic business image for news articles Tri-Party Repo Reform
17 May 2010 New York
Reporter:

The Federal Reserve Bank of New York today announced the publication of a white paper on the work of the Tri-Party Repurchase Agreement (Repo) Infrastructure Reform Task Force. The white paper highlights policy concerns over weaknesses
Generic business image for news articles State Street acquires Intesa Sanpaolo's Íø±¬³Ô¹Ï Services business
17 May 2010 Boston
Reporter:

State Street Now the Largest Investment Service Provider in Italy; Expands Presence in Luxembourg. Gains Long-Term Investment Servicing Agreement with Eurizon Capital, the Largest Fund Manager in Italy
Generic business image for news articles NEW - BondLend, securities finance technology for fixed income
17 May 2010 New York
Reporter:

BondLend announced today the roll-out of its Íø±¬³Ô¹Ï Finance platform targeted specifically to the fixed income lending and repo community.
Generic business image for news articles BNY Mellon Asset Servicing tops two
16 May 2010 Pittsburgh
Reporter:

BNY Mellon Asset Servicing, has been ranked No.1 in the Single Provider and USD 1-10 Billion categories within Global Custodian magazine's 2010 Íø±¬³Ô¹Ï Lending survey.
Generic business image for news articles O'Connor finds new land
15 May 2010 Chicago
Reporter:

Terra Nova Financial, LLC, (Terra Nova) recently announced the addition of Mark P. O'Connor as Managing Director of Sales.
Generic business image for news articles South African repo rate kept the same
14 May 2010 Pretoria
Reporter:

Following on from the recent Monetary Policy Committee of the SA Reserve Bank (Sarb) meeting, the repo rate will remain at 6.5 percent. The prime rate would therefore remain set at 10 percent.
Generic business image for news articles Matrix expands its Asset Management Business
14 May 2010 London
Reporter:

The fast growing Asset Management business of the Matrix Group is expanding its sales and marketing functions with the appointments of Chris Beament as Business Development Manager and Chris Elliott as Marketing Executive.
Generic business image for news articles Systemic short sale wrist slap
13 May 2010 Washington, D.C
Reporter:

FINRA Fines Deutsche Bank Íø±¬³Ô¹Ï, National Financial Services a Total of $925,000 for Systemic Short Sale Violations. Both Firms Facilitated Customer Execution of Short Sales Through Direct Market Access Order Systems That Violated the 'Locate'
Generic business image for news articles SSgA's Blake to Succeed Brakke
13 May 2010 Boston
Reporter:

State Street Global Advisors (SSgA), the investment management business of State Street Corporation, today announced that Lynn Blake, a 23-year SSgA veteran will assume the role as global head of Index Equity following the retirement of Paul Brakke,
Generic business image for news articles Unlawful Short Selling
12 May 2010 Washington, D.C.
Reporter:

The Íø±¬³Ô¹Ï and Exchange Commission today charged two Boca Raton residents for engaging in illegal short selling of securities in advance of participating in numerous secondary offerings to make illicit profits.
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Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary