Securities Finance

BBH Global Securities Lending Announces New Client Partnerships

Brown Brothers Harriman (BBH) Global Securities Lending today announced that it has entered into agreements to provide lending services to asset management firms ING Pilgrim Group, Nicholas Applegate Capital Management and Pioneer Investment Management, Inc. BBH will provide securities lending

Zimmerhansl Quits Rabobank International

Roy Zimmerhansl, head of global collateral management at Rabobank International in London, has left the bank. Zimmerhansl was not available at the bank today to comment, but his departure is understood to be an amicable one. "He came here to

New CEO at SecFinex

SecFinex, the online marketplace for securities finance, announced the appointment of John Oddie as Chief Executive Officer and Board member. Commencing in the position today, John brings global market insight and proven ability of developing innovative technology solutions for strategic

JP Morgan Gets Equity in TradeWeb

JP Morgan has acquired an equity interest in electronic bond tradingplatform TradeWeb. JP Morgan joins seven other major global banking firmswith an ownership interest in the platform.

Second Part of ISMA Survey is Due on Jan 22

The International Securities Market Association (ISMA) is holding a press conference to publish the second in its new series of European repo market surveys, designed to enable participants in Europe's cross border repo market to gauge its size. The repo

Merrill Lynch To Take a Q4 Charge of $2.2 billion

Merrill Lynch said it will take a Q4 charge of $2.2 billion, mainly to cover the elimination of 9,000 jobs. Merrill said the job cut number includes all reductions since November, including a new round of 1,200 job cuts in

Equilend Finally Breaks Cover

After months of silence, Equilend has finally announced a COO and CTO for the securities lending consortium. Brent Bessire will be COO and be responsible for formalizing the infrastructure of the company, and will work with platform participants to provide