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Citi recruits again for prime brokerage


14 August 2013 New York
Reporter: Georgina Lavers

David Tenney has been hired to Citi’s prime brokerage business as a managing director and regional head of sales for the Americas...
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Bob Egan takes on EquiLend role


13 August 2013 New York
Reporter: Mark Dugdale

Former Kellner Capital securities lending senior vice president Bob Egan is consulting with EquiLend...
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Private equity firm buys eSecLending


13 August 2013 Boston
Reporter: Mark Dugdale

Securities lending agent eSecLending is under new ownership. Parthenon Capital Partners has bought the company for an undisclosed sum...
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Cotter and Biagioli leave UBS roles


12 August 2013 New York
Reporter: Jenna Jones

A source has confirmed that Bryan Biagioli and Stephen Cotter have left their roles at UBS Investment Banking...
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Wells Fargo comments on lawsuit win


12 August 2013 Minnesota
Reporter: Georgina Lavers

A Minnesota jury has cleared Wells Fargo in the lawsuit levelled at the bank by Blue Cross and Blue Shields...
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New York Federal Bank starts reverse repos


12 August 2013 New York
Reporter: Georgina Lavers

The Federal Reserve Bank of New York has released a statement reiterating that it is ready to support any reserve draining operations that the Federal Open Market Committee might direct...
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Bruce Turner moves to Interactive Brokers


09 August 2013 New York
Reporter: Mark Dugdale

Bruce Turner has joined securities firm Interactive Brokers as vice president of securities lending services. He reportedly left his role as co-CEO of Quadriserv in May...
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Clearstream’s July GSF creeps up


09 August 2013 Frankfurt
Reporter: Jenna Jones

Clearstream’s global securities financing (GSF) services experienced a monthly average outstanding of €575.1 billion in July...
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Jury weighs up Wells Fargo lawsuit


08 August 2013 Minnesota
Reporter: Georgina Lavers

A jury is deliberating whether Wells Fargo has committed fraud in a claim filed by Blue Cross and Blue Shield in 2011...