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KPMG selects SunGard’s Adaptiv Analytics


28 May 2013 Berlin
Reporter: Jenna Jones

KPMG in Germany has chosen SunGard’s Adaptiv Analytics to help clients with assessments of credit valuation adjustments (CVA) under Basel III...
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Lehman Brothers Holdings receives $1.9 billion in brokerage bids


23 May 2013 New York
Reporter: Georgina Lavers

Lehman Brothers Holdings announced that, following the conclusion of a "Dutch" auction process, it and certain of its controlled affiliates have agreed to sell $4.22 billion of their general unsecured claims against Lehman Brothers...
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Investors withdraw a little more from hedge funds


22 May 2013 London
Reporter: Georgina Lavers

The SS&C GlobeOp Forward Redemption Indicator for May 2013, which indicates the volume of investors withdrawing from hedge funds, measured 3.77 percent, up 2.95 percent from April...
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Nigeria abandons securities lending dream


22 May 2013 Lagos
Reporter: Georgina Lavers

Though the Nigerian Stock Exchange (NSE) announced plans to begin securities lending back in July 2011, it has been reported that the country has given up on the programme...
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iTalk threatens Berlin stock exchange with legal action


21 May 2013 Florida
Reporter: Georgina Lavers

The mobile communications company iTalk has informed its investors that the company's shares have been listed on the Börse Berlin Stock Exchange without its approval...
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CJEU names a date for UK short selling challenge


17 May 2013 Luxembourg
Reporter: Mark Dugdale

A UK challenge to the extended authority of the European Securities and Markets Authority under the EU Regulation on Short Selling will be heard in the Court of Justice of the EU on 11 June...