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BlackRock scales down holding in Konecranes

30 August 2010 Helsinki
Reporter: Justin Lawson

Konecranes Plc has just received a disclosure under Chapter 2, Section 9 of the Securities Market Act, advising the holding of BlackRock, Inc. (USA Tax ID 32-0174421) in Konecranes has decreased below 10 percent.

Securities Lending exposure minimal

30 August 2010 Stockholm
Reporter: Justin Lawson

Swedish HQ Bank is facing liquidation, meaning other banks in the region are left to help existing customers...

Kaufman Rossin top rated in hedge fund administration survey

29 August 2010 Miami
Reporter: Justin Lawson

Kaufman Rossin Fund Services continues to be rated at the top among hedge fund administrators in the 15th annual survey of hedge fund clients conducted by Global Custodian magazine. KRFS received a score of 6.54

New hires for UBS in Asia

27 August 2010 Hong Kong
Reporter: Ben Wilkie

The Asian prime brokerage arm of UBS is beefing up its team with a series of new appointments...

Greece set to lift short selling ban

27 August 2010 Athens
Reporter: Ben Wilkie

The Greek regulator has said it will lift the ban on short selling, according to the head of the Athens Stock Exchange...

Broadridge supports international expansion

27 August 2010 Lake Success
Reporter: Justin Lawson

Broadridge Financial Solutions, Inc. has announced new appointments and a relocation in line with both its growing international strategy and its increased presence in the Asia Pacific region.

Kas Bank reports drop in SL income

27 August 2010 Amsterdam
Reporter: Ben Wilkie

Kas Bank has reported a drop in profits of five per cent for the first half of 2010, down in part to a significant fall in securities lending income...

Parkcentral investors sue Ernst and Young

27 August 2010 Houston
Reporter: Ben Wilkie

A group of investors who lost money following the collapse of hedge fund Parkcentral have sued auditor Ernst & Young, accusing it of fraud...

DTCC and Chilean Depository sign agreement to collaborate

27 August 2010 Santiago
Reporter: Justin Lawson

The Deposito Central de Valores, S.A. (DCV) of Chile and The Depository Trust & Clearing Corporation (DTCC) of the U.S. have signed an agreement which will serve as a basis for future collaboration.

Hedge Fund association to engage with U.S. authorities

26 August 2010 London
Reporter: Justin Lawson

The Alternative Investment Management Association will engage with U.S. policy makers over the implementation of the Dodd-Frank Act and has set out several key areas of focus ahead of September meetings.

New head of finance and risk division

26 August 2010 Zurich
Reporter: Justin Lawson

The SIX Group Board of Directors has appointed Stefan Maeder as Chief Financial Officer (CFO) and head of the AVہا & Risk Division. In this function, he will also be a member of the Group Executive Board.

Broadridge Completes Acquisition of NewRiver, Inc

26 August 2010 Lake Success
Reporter: Justin Lawson

Broadridge Financial Solutions, Inc. has announced the closing of its acquisition of NewRiver, Inc., a leader in electronic investor disclosure solutions.

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