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BNP Paribas shake things up down under


10 July 2013 London
Reporter: Georgina Lavers

Pierre Jond, the managing director of BNP Paribas Securities Services in Australia and New Zealand, will return to Paris in December 2013 after four years in his current role...
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Israel A Englander bolsters MA&PS sales team


10 July 2013 New York
Reporter: Mark Dugdale

Israel A Englander & Co has expanded the sales and business development team in its managed accounts and prime services division in response to a “growing demand” for its technology platform...
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Moelis Australia Securities and Weeden & Co cross-pollinate


09 July 2013 Sydney
Reporter: Georgina Lavers

Moelis Australia Securities and Weeden & Co, a US institutional equity and fixed income broker, will ally to promote each company’s broker-dealer offering to each other’s institutional clients...
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BNP Paribas wins Bahamas prime brokerage mandate


09 July 2013 Nassau
Reporter: Mark Dugdale

Arabian Gulf Holdings has appointed BNP Paribas as the prime broker and custodian for its latest fund. The bank will provide prime brokerage services for all investments, margin financing, clearing, and securities lending and borrowing facilities...
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Pauline Banks joins Bank of America Merrill Lynch


08 July 2013 New York
Reporter: Georgina Lavers

Pauline Banks has joined Bank of America Merrill Lynch as global custody agency services (GCAS) senior product manager responsible for custody in the APAC region...
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Clearstream GSF services experience June drop


08 July 2013 Frankfurt
Reporter: Mark Dugdale

Clearstream’s global securities financing (GSF) services experienced a monthly average outstanding of €581.9 billion in June...
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UK bans short selling in Portuguese bank shares


05 July 2013 London
Reporter: Mark Dugdale

The shares of three Portuguese banks were banned from short selling in the UK on 4 July. The Financial Conduct Authority imposed the ban, which was in force between 8am and 11.59pm, because of the volatility of recent trading...
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ESMA vice-chair to stick around


04 July 2013 Paris
Reporter: Mark Dugdale

The European Securities and Markets Authority’s board of supervisors has re-elected Carlos Tavares as its vice chair...
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Three custodian banks face ratings review


03 July 2013 New York
Reporter: Mark Dugdale

BNY Mellon, State Street and Northern Trust are facing reviews of their long-term ratings because of narrow margins in core custody services and an over reliance on ancillary services such as securities lending, according to Moody’s...
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June highs and lows at Eurex


03 July 2013 Frankfurt
Reporter: Mark Dugdale

As a group, Eurex international derivatives exchanges averaged a daily volume of 10.8 million contracts in June. This was down slightly from 11 million in 2012...