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Northern Trust grows to meet sec lending demand


10 September 2015 London
Reporter: Drew Nicol

Northern Trust has responded to increasing demand for its securities lending and transition management services by creating several new senior positions in its global capital markets team...
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Global borrow demand boosted by $10bn


09 September 2015 New York
Reporter: Drew Nicol

Global borrow balances grew by more than $10 billion in the first week of September with some industries reporting more than $1 billion of stock value fluctuations, according to S3 Blacklight...
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Deutsche Bank exit prompts unit merger


09 September 2015 London
Reporter: Drew Nicol

Deutsche Bank has merged its listed derivatives and markets clearing department into its prime services unit, which manages the bank’s securities lending services for borrowers...
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Associations offer mixed review of FSB data proposals


08 September 2015 London
Reporter: Drew Nicol

Industry associations have expressed a preference for the use of position level data to make securities lending more transparent, in a response letter to the Financial Stability Board’s data experts group meeting...
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Simmons & Simmons expands London presence


08 September 2015 London
Reporter: Drew Nicol

International law firm Simmons & Simmons has appointed Khasruz Zaman as a partner in its corporate and commercial practice...
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HTC loses Asian exchange top-spot


07 September 2015 Taiwan
Reporter: Drew Nicol

The continued free-fall of smartphone maker HTC’s stock value has resulted in it being dropped from Taiwan Stock Exchange’s 50 largest listed firms index...
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BSE adds rollover option for sec lending contracts


07 September New Delhi
Reporter: Drew Nicol

The Bombay Stock Exchange (BSE) has launched a rollover facility for its securities exchange service in an attempt to boost interest in the securities lending market...
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ECB pessimism triggers euro slump


04 September 2015 Frankfurt
Reporter: Drew Nicol

The European Central Bank (ECB) has cut its growth and inflation forecasts, causing the euro to drop to a two-week low...