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EXCLUSIVE: David Little to leave Rule Financial
13 August 2010 London
Reporter: Justin Lawson

David Little, head of securities finance at Rule Financial will be moving on. After ten years building up the securities finance group of Rule Financial, Little will be leaving for a fresh challenge.
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ING reports profit growth
13 August 2010 Amsterdam
Reporter: Ben Wilkie

ING's net profit for the second quarter of the year has risen to EUR1.2 billion...
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Credit Suisse gains license in India
12 August 2010 Mumbai
Reporter: Steven Lafferty

Credit Suisse announced today that it has received a license from the Reserve Bank of India to establish a bank branch in Mumbai. This license enables Credit Suisse to expand it's offering in the Indian market.
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La-Z-Boy under pressure
12 August 2010 Sacramento
Reporter: Justin Lawson

Three proxy advisors are backing a proposal by the CalPERS to require directors of La-Z-Boy to stand for annual elections. Glass Lewis, Egan-Jones, and RiskMetrics endorsed Proposal 4, annual shareowners' meeting is on August 18.
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J.P. Morgan Joins EuroCCP as general clearing participant
11 August 2010 London
Reporter: Justin Lawson

EuroCCP and J.P. Morgan Worldwide Â鶹´«Ã½ Services announced today that J.P. Morgan has become a general clearing participant (GCP) in EuroCCP, which provides clearing and settlement services for a wide range of European markets.
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Saul builds team to maximise returns
11 August 2010 London
Reporter: Ben Wilkie

Kevin Wade has been appointed to the new position of head of investments at the Superannuation Arrangements of the University of London (Saul), the pension scheme of the university...
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Kiraly moves to HSBC
11 August 2010 Hong Kong
Reporter: Ben Wilkie

Matt Kiraly has been appointed head of sales for Asia-Pacific at HSBC Prime Services. He will be responsible for the sales and marketing of the Pime Services business in Asia, based in Hong Kong...
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BlackRock looks to ETFs for shorts
08 August 2010 New York
Reporter: Ben Wilkie

BlackRock has applied for regulatory approval for the right to sell short when running exchange traded funds that track market indices.
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OCC contract volume down
06 August 2010 Chicago
Reporter: Justin Lawson

The Options Clearing Corporation (OCC) announced today that total OCC cleared volume in July reached 279,245,228 contracts, representing a 9% decrease over the July 2009 volume of 307,085,331 contracts.
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Strong July figures from Clearstream
06 August 2010 Brussels
Reporter: Ben Wilkie

In July 2010, the value of assets under custody held on behalf of customers by Clearstream registered an increase of four per cent to EUR10.8 trillion (compared to EUR10.4 trillion in July 2009).
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