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West joins Dechert LLP


02 August 2010 London
Reporter: Justin Lawson

Dechert LLP announced today that M. Holland West, a leading private funds and derivatives lawyer, has joined the firm as a partner in the financial services practice group in the New York office.
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A first for service providers


02 August 2010 New York
Reporter: Justin Lawson

BNY Mellon Asset Servicing, became the first service provider to support short positions in an exchange-traded fund (ETF)
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Myo Schollum, Head of Prime Services Coverage Japan


02 August 2010 Tokyo
Reporter: Steven Lafferty

Credit Suisse announced today the appointment of Myo Schollum as Head of Prime Services Coverage in Japan, underlining the Bank's continuing commitment to serving the Japanese hedge fund community
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BNY Mellon completes acquisition of BHF Asset Servicing GmbH


02 August 2010 Frankfurt
Reporter: Justin Lawson

BNY Mellon, has completed its acquisition of BHF Asset Servicing GmbH. The transaction also includes the purchase of BHF Asset Servicing's fund administration affiliate, Frankfurter Service Kapitalanlage-GmbH.
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St. Petersburg officials reported to be optimistic


02 August 2010 St. Petersburg
Reporter: Justin Lawson

Reported in the St. Petersburg Times by Michael Van Sickler, St. Petersburg officials remain optimistic the city will recoup USD15 million in investment losses despite ruling
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Japan extends short selling ban


01 August 2010 Tokyo
Reporter: Ben Wilkie

Japan's Financial Services Agency has announced that it will extend the ban on naked short selling until the end of October...
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Strong Q2 from MetLife


30 July 2010 New York
Reporter: Ben Wilkie

MetLife has reported second quarter 2010 net income of $1.5 billion, or $1.84 per share...
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Goldmans announces clearing service


28 July 2010 New York
Reporter: Justin Lawson

Goldman Sachs announced the launch of its Derivatives Clearing Services (DCS) business. DCS provides clients with a comprehensive global OTC clearing service for interest rates, credit, foreign exchange, equities and commodities.
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Foley to join RBC Dexia


28 July 2010
Reporter: Ben Wilkie

William Foley has been appointed director of securities lending sales at RBC Dexia. He will start his new role on September 6...
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Deutsche Borse reports revenue rise


28 July 2010 Frankfurt
Reporter: Ben Wilkie

Deutsche Borse Group presented its results for the second quarter of 2010 on Tuesday. Following a stable first quarter, the company recorded significant growth in sales revenue and earnings in Q2...