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  • Devin Wenig Joins eBay As President Of Global Marketplaces Business

    Date 06/09/2011

    eBay Inc. (Nasdaq:EBAY) today announced that Devin Wenig is joining the company as President of its global eBay Marketplaces business unit, which includes eBay, the world’s leading online marketplace; eBay classifieds sites in more than 1,000 cities worldwide; and StubHub, the world’s largest online tickets marketplace. Wenig will report to eBay Inc. President and CEO John Donahoe.

  • Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

    Date 06/09/2011

    Standard & Poor's Canadian Index Operations announces the following index changes:

    • The shareholders of ECU Silver Mining Inc. (TSX:ECU) have accepted the cash and share merger offer from Golden Minerals Company (TSX:AUM). ECU Silver Mining will be removed from the S&P/TSX Global Mining Index after the close of Wednesday, September 7, 2011. The relative weight of Golden Minerals will increase in the S&P/TSX Global Mining Index at the same time to reflect the issuance of shares as part of the merger transaction.

  • SEC To Seek Comment On Review Of Existing Regulations

    Date 06/09/2011

    The Securities and Exchange Commission today announced that it will seek public comment on a plan to conduct retrospective reviews of its existing regulations.

  • AboveNet Further Invests In Its FinanceNet Platform And Offers Its Lowest Latency Route Across London - FinanceNet – The Fastest Route Ever Delivered Across The Shortest Optical Fibre Paths To Key Financial Exchanges From The City Of London To Slough

    Date 06/09/2011

    As part of its continued investment to drive down latency in critical parts of its network, AboveNet Communications, a leading provider of high bandwidth connectivity solutions today announced that it has further reduced the latency across its FinanceNet Platform. AboveNet’s new ultra-low latency route is now tested at below 220 microseconds one way, between Slough and the City, setting a new latency record for the Industry. This premium route will not only provide the low latency connections that financial communities require, but also a secure, scalable and reliable service between the top financial hubs, exchanges and data centres.

  • Joint Trade Associations Consultative Document On Effective Resolution of Systemically Important Financial Institutions

    Date 06/09/2011

    In a letter responding to the Financial Stability Board’s (FSB) Consultative Document on Effective Resolution of Systemically Important Financial Institutions (SIFIs), the major players in the global financial services industry expressed strong support for the FSB’s overall objective, namely that authorities in all relevant jurisdictions should have the capacity to resolve SIFIs without systemic disruption and without exposing the taxpayer to the risk of loss, within a reasonable timeframe.  In addition, the Associations strongly urged the FSB to undertake peer reviews to ensure consistency and coordination of implementation among jurisdictions.