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Short sellers were early indication of 2008 crisis


10 January 2014 Dallas
Reporter: Georgina Lavers

Actions of short sellers likely provided an early warning of banks’ upcoming distress prior to the 2008 crisis, an academic study has suggested...
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BNY/CIBC Mellon merger formalises new roles


10 January 2014 Toronto
Reporter: Georgina Lavers

Three months after BNY Mellon and CIBC Mellon created a lending giant with the merger of their two desks, Phil Zywot and his team have formally become BNY Mellon employees from 1 January 2014...
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Utilisation of Twitter stays buoyant


08 January 2013 New York
Reporter: Georgina Lavers

Utilisation levels for Twitter remain high after low trading levels in the Christmas month, SunGard reported...
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Doran Jones hires technology leader Dan McGovern


07 January 2013 Charlotte, North Carolina
Reporter: Mark Dugdale

Doran Jones has recruited Dan McGovern for a senior management role. He joins the consultancy firm from J.P. Morgan, adding technology leadership to its expanding business in Charlotte, North Carolina...
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OCC reshuffles management


07 January 2014 Chicago
Reporter: Georgina Lavers

The Options Clearing Corporation (OCC) has reshuffled its leadership team, and appointed Craig Donohue as executive chairman, with Michael Cahill becoming president and CEO...
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Cantor Fitzgerald hires Franz Bucher


07 January 2014 London
Reporter: Georgina Lavers

Cantor Fitzgerald Europe has continued to expand its European credit fixed income team with the appointment of Franz Bucher as managing director in London...
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Forestry mandate nabbed by Northern Trust


07 January 2014 Toronto
Reporter: Georgina Lavers

Northern Trust has snapped up a forestry pension plan mandate originally maintained by RBC Investor Services...
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CFTC appoints Cisewski and Reinhart


06 January 2014 Washington DC
Reporter: Georgina Lavers

The US Commodity Futures Trading Commission (CFTC) has named Joseph Cisewski and Scott Reinhart co-chiefs of staff and co-chief operating officers...
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Susan Martin is new CEO of the LPFA


06 January 2014 London
Reporter: Georgina Lavers

The London Pensions Fund Authority has made the appointment of Susan Martin as CEO official. Martin has been interim CEO since August, and was previously deputy CEO...