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When it comes to securities lending, CIBC Mellon Global Securities is at the top of the heap.

According to the 2009 Equity Lending survey in International Securities Finance magazine, CIBC Mellon Global Securities is the best at delivering securities lending service.

“The past year has been extremely challenging for the securities lending industry,” said Craig MacDonald, editor, ISF magazine. “CIBC Mellon provided borrowers with stability and flexibility when they needed it the most through strong relationship management and through a willingness to accommodate unique client requests.”

The survey is an evaluation of how securities borrowers and lenders view each other based on their securities lending experience over a given year.

“During a period of unprecedented market change, CIBC Mellon worked diligently to provide its clients with transparency and flexibility while also managing risk,” said James Slater, senior vice president and head of capital markets, CIBC Mellon.

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UBS promotes Meier

UBS Wealth Management has announced today that Beat Meier will take on the role of Regional Head for UBS Wealth Management’s business in Alberta, Saskatchewan and Manitoba. Meier was a senior private wealth adviser and a member of the UBS KeyClient Group.

“Beat’s deep roots with UBS and international banking knowledge has given him the depth of experience needed to assist Canadians in the fastest growing wealth communities in Canada,” said Grant Rasmussen, president and CEO, UBS Bank (Canada).

Before he established the Calgary office, Beat spent two years in the Vancouver office of UBS. Beat served a wide range of Canadian clients with sophisticated investment management needs in multiple currencies and asset classes.

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Knight joins TMX Group

Gary Knight is moving from Cormark Securities to the TMX Group. TMX announced today that the senior institutional equity trader would become the vice-president, trading, TSX markets at TMX starting in November.

Knight will be responsible for client development, product development, market research and strategy for equities trading.

“We have a lot to do, and I’m looking forward to joining a world-class team as we write the next chapter in this storied company’s history,” said Knight of the news.

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Georgian Capital hires RBC Dexia

Georgian Capital Partners has picked RBC Dexia Investor Services to provide a full suite of services including custody, fund accounting and recordkeeping for the Georgian Equity Growth Fund and the Georgian Income Growth Fund.

According to David Knight, president of Georgian Capital Partners, RBC Dexia was chosen because of its experience and leadership in the industry.

“It’s certainly reassuring to know we have the expertise, stability and global infrastructure of a proven provider like RBC Dexia in our corner as we work to grow these funds. RBC Dexia offers us a seamless, end-to-end service model, along with the same commitment to exceptional service that we demand for our own clients,” said Knight.

(11/02/09)