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Garrison named chief development officer

09 September 2010 New York
Reporter: Justin Lawson

The Depository Trust & Clearing Corporation announced today that Robert Garrison, 52, an industry veteran will join DTCC in the position of chief development officer for its Information Technology division. He will officially start in October.

SpareBank 1 SR-Bank's rating goes from negative to stable

08 September 2010 Stavanger
Reporter: Justin Lawson

Moody's Investors Service has changed to stable from negative the outlook on the C- bank financial strength rating (BFSR) and the A1 long-term debt and deposit ratings of SpareBank 1 SR-Bank

Aon Announces the Pricing

08 September 2010 Chicago
Reporter: Steven Lafferty

Aon Corporation has announced that it has agreed to sell USD1.5 billion of senior unsecured notes in an underwritten public offering. Of these notes, USD600 million will mature on September 30, 2015 and bear interest at a fixed annual rate of 3.50%

Integrated Asset Management Corp. announces new launch

08 September 2010 Toronto
Reporter: Justin Lawson

Integrated Asset Management Corp. announced the launch of River Plate House Capital Management Inc. ("River Plate House"). River Plate House, founded in May 2010 by Michael Hyman, President, Julian Smith, Executive Vice President, and IAM

BlackRock CEO to Speak at Barclays upcoming conference

10 September 2010 New York
Reporter: Justin Lawson

BlackRock, Inc. today announced that Laurence D. Fink, Chairman and Chief Executive Officer, is to speak at the Barclays Capital 2010 Global Financial Services Conference in New York on Tuesday, September 14, beginning at approximately 9:45 a.m. (eas

Business grows at Clearstream

07 September 2010 Brussels
Reporter: Ben Wilkie

In August 2010, the value of assets under custody held on behalf of customers registered an increase of three per cent to EUR10.9 trillion (compared to EUR10.5 trillion in August 2009)...

Tata launches new fund

07 September 2010 Mumbai
Reporter: Ben Wilkie

Tata Mutual Fund has launched a new close ended debt scheme, named Tata Fixed Maturity Plan - Series 27...

LVAM add stirling hedge class

06 September 2010 London
Reporter: Steve Lafferty

LV= Asset Management (LVAM), the fund management arm of insurance, investment and pensions group LV=, is enhancing its LV= European ex-UK Growth Fund with the addition of a Sterling hedged share class, in response to growing demand from institutional

Deutsche Bank opens branch in Copenhagen

06 September 2010 Frankfurt
Reporter: Justin Lawson

Deutsche Bank has recently announced the opening of a branch in Copenhagen, Denmark. The opening of the Copenhagen branch affirms Denmark's importance to the bank as an area of continued growth and opportunity

TradeStation rings today's NYSE closing bell

02 September 2010 Plantation
Reporter: Justin Lawson

TradeStation 쮸떴눈첵, Inc. rung the closing bell at the New York Stock Exchange (NYSE) today to celebrate its recent floor membership and booth presence. The invitation from NYSE is tied to TradeStation's launch of TradeStation Prime Services

Volumes flat at OCC, but securities lending grows

02 September 2010 Chicago
Reporter: Ben Wilkie

The Options Clearing Corporation (OCC) announced today that total OCC cleared volume in August reached 285,128,314 contracts, representing a one per cent decrease over the August 2009 volume of 287,627,998 contracts...

Swedish exposure to bankrupt HQ Bank

02 September 2010 Stockholm
Reporter: Steven Lafferty

A number of Swedish banks have announced their exposure to local HQ Bank, which has started a process of involuntary liquidation after the Swedish financial watchdog last Friday revoked all its licences.

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