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J.P. Morgan bags ex-UBS prime brokerage head


21 August 2013 Hong Kong
Reporter: Jenna Jones

J.P. Morgan has named Chris Barber as managing director and head of prime brokerage account management for the Asia Pacific region...
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SS&C GlobeOp measures August increase


21 August 2013 Connecticut
Reporter: Jenna Jones

The SS&C GlobeOp Forward Redemption Indicator for August has shown notifications of 4 percent, up from 2.71 percent in July...
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Pershing picks SunGard for Canada


20 August 2013 New Jersey
Reporter: Georgina Lavers

Pershing LLC, a BNY Mellon company that provides prime brokerage and broker-dealer solutions, has selected SunGard to provide market connectivity to its newest international broker-dealer in Canada...
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State Bank of India recommends shorting ban


20 August 2013 Sooranam
Reporter: Georgina Lavers

The State Bank of India’s chairman, Pratip Chaudhuri, said that the bank has recommended to the finance minister in India that short selling should be banned...
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Conifer Group hires several for New York


16 August 2013 New York
Reporter: Georgina Lavers

The Conifer Group, a provider of fund administration, middle office, trading and prime brokerage services to the hedge fund industry, announced several new hires in the firm's New York office...
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EquiLend and BNY Mellon chain up their RQV


15 August 2013 New York
Reporter: Georgina Lavers

Anticipating demand for timely settlement of collateral, EquiLend has created a new triparty connectivity service helps to expedite the agreement and communication of required value (RQV) figures...
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Pension funds bite nails over Dodd Frank margin demands


15 August 2013 New York
Reporter: Georgina Lavers

Northern Trust has released a paper on capital requirements for pension funds in the wake of the US Dodd Frank Act that encourages collateral management as a solution to demanding margin requirements...