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Zywot and Udall take over at CASLA
08 May 2014 Toronto
Reporter: Mark Dugdale

BNY Mellon’s Phil Zywot and Scotiabank’s Stewart Udall have joined the Canadian Securities Lending Association (CASLA) as representatives...

Deutsche Bank nabs pension fund mandate
08 May 2014 South Carolina
Reporter: Mark Dugdale

South Carolina Retirement Systems has mandated Deutsche Bank as its first third-party securities lending agent, according to reports...

BNY Mellon buys remaining piece of HedgeMark
02 May 2014 US
Reporter: Tammy Facey

HedgeMark International will become a part of BNY Mellon’s asset servicing business, following the bank’s full acquisition of the service provider...

State Street enjoys Q1 2014 securities finance increase
28 April 2014 Boston
Reporter: Mark Dugdale

State Street earned $85 million in revenue from securities finance in Q1 2014, an 11.8 percent increase on the last quarter in 2013, thanks to new custody mandates...

Exclusive: Rob Chiuch adds fixed income to his role
24 April 2014 New York
Reporter: Georgina Lavers

A source has confirmed that Rob Chiuch will assume global trading responsibility for the agency securities lending programme within BNY Mellon’s global collateral services business...

BNY Mellon gains a new head in the Asia Pacific
15 April 2014 Hong Kong
Reporter: Tammy Facey

Filippo Santilli is the new head of Asia-Pacific sales and relationship management for BNY Mellon’s global collateral services business...

Global Prime Partners chooses Deutsche
07 April 2014 London
Reporter: Georgina Lavers

Global Prime Partners (GPP) has appointed Deutsche Bank to provide execution, clearing and custody services...

Liabilities outrun assets in pension plan race
03 April 2014 New York
Reporter: Georgina Lavers

The funded status of the typical US corporate pension plan declined 0.5 percentage points in March 2014 to 92.1 percent as liabilities increased faster than assets, according to the BNY Mellon Investment Strategy & Solutions Group (ISSG)...

BNY Mellon fine-tunes collateral for ETFs
27 March 2014 New York
Reporter: Georgina Lavers

BNY Mellon has automated the calculation of collateral requirements in the exchange-traded funds marketplace...

BNY Mellon and AP7 together again
25 March 2014 Sweden
Reporter: Georgina Lavers

BNY Mellon has been reappointed by Swedish state pension fund Sjunde AP-fonden (AP7) to provide global custody and collateral services to assets valued at $28.8 billion...

BNY Mellon catches Phoenix account
24 March 2014 Phoenix
Reporter: Georgina Lavers

BNY Mellon has been chosen by the City of Phoenix Employees' Retirement System (COPERS) to provide custody, accounting, and securities lending solutions to plan assets valued at $2 billion...

BNY Mellon teaches collateral eligibility
11 March 2014 New York
Reporter: Georgina Lavers

BNY Mellon is implementing an enhanced collateral management programme for BofA Merrill Lynch to expand collateral eligibility...