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eVestment survey marks strong AUA growth
17 September 2013 New York
Reporter: Jenna Jones

The 13th edition of the eVestment hedge fund administrator survey has shown strong growth of assets under administration (AUA) in the first half of 2013...

Stephen Kiely leaves Citigroup
29 August 2013 London
Reporter: Jenna Jones

Stephen Kiely has resigned from his current role as director of client and sales management at Citigroup...

BNY Mellon boosts collateral workforce in Germany
20 August 2013 Frankfurt
Reporter: Jenna Jones

BNY Mellon has appointed Gesa Benda as global collateral services product segment manager for clearing houses...

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...

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...

Low lending revenue offsets good quarter for BNY Mellon
23 July 2013 New York
Reporter: Georgina Lavers

Investment services fees for BNY Mellon's second quarter of this year totalled $1.7 billion, an increase of 4 percent year-over-year...

BNY Mellon recruits UBS stock loan trader
10 July 2013 New York
Reporter: Mark Dugdale

Christa Gallagher is joining BNY Mellon from UBS Investment Bank, a source has confirmed. She will move to the bank in August...

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...

BNY Mellon receives key collateral patent
26 June 2013 New York
Reporter: Mark Dugdale

BNY Mellon has been awarded a US patent for a process enabling the secure management of collateral between counterparties via its Margin DIRECT service...

BNY Mellon appoints two new for collateral services
18 June 2013 New York and London
Reporter: Georgina Lavers

BNY Mellon has made two new senior appointments to push growth of its global collateral services (GCS) business...

BNY Mellon expands bilateral margining
03 June 2013 New York
Reporter: Georgina Lavers

BNY Mellon has ramped up its DM Edge product in the wake of recommendations from the Federal Reserve bank...

BCS adds prime brokerage veteran Dipak Rajani
21 May 2013 London
Reporter: Georgina Lavers

Russian financial institution BCS Financial Group has recruited Dipak Rajani and Timur Salikov to its sales and research teams...