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SachsenFonds selects CACEIS as depositary bank


21 November 2013 Berlin
Reporter: Daniel Jackson

The investment management company of SachsenFonds Group has mandated CACEIS to provide depositary services for its Alternative Investment Funds...
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US Bancorp acquires Quintillion


21 November 2013 Milwaukee
Reporter: Daniel Jackson

US Bancorp Fund Services has agreed to acquire Quintillion Limited...
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New finance courses for Malta


20 November 2013 Malta
Reporter: Daniel Jackson

The Malta Fund Industry Association is holding a course on fund administration with a specialisation in banking and finance...
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Guernsey signs MoU with China


19 November 2013 China
Reporter: Georgina Lavers

Guernsey’s financial services regulator, the Guernsey Financial Services Commission (GFSC), has signed a memorandum of understanding with the Chinese Securities Regulatory Commission (CSRC)...
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Extra-large Swiss asset manager on the horizon


19 November 2013 Switzerland
Reporter: Georgina Lavers

The merger of a Julius Baer subsidiary and a wealth management group will create one of the largest independent asset management companies in Switzerland...
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Moody's revises ratings of 8 largest US banks


18 November 2013 New Jersey
Reporter: Georgina Lavers

Assumed government support in the wake of the US Dodd Frank Act has led Moody’s to conclude its review of eight large US banking groups in a mostly positive light...
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Luxembourg authorises first Renminbi fund under UCITS


15 November 2013 Luxembourg
Reporter: Georgina Lavers

The Luxembourg regulator CSSF has authorised the first Renminbi Qualified Foreign Institutional Investor (RQFII) fund under the Undertakings for Collective Investment in Transferable Securities (UCITS) scheme...
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Deutsche revs up for motorcycle distributor


14 November 2013 Singapore
Reporter: Georgina Lavers

Deutsche Bank has been appointed as the depository bank for the Singapore Exchange Securities Trading Limited-listed Global Depositary Receipt (GDR) programme of Kolao Holdings...
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BNY Mellon expands dealing services for Asia-Pac


14 November 2013 Tokyo
Reporter: Georgina Lavers

BNY Mellon has expanded its global markets capabilities with the launch of a new Asia-Pacific capital markets business through The Bank of New York Mellon Securities Company Japan, based in Tokyo...
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Citi pounces on novel Colombian ETF


13 November 2013 Colombia
Reporter: Georgina Lavers

Cititrust Colombia S.A. has been appointed by Horizons Exchange Traded Funds to provide global custody and fund administration services for its Fondo Bursátil Horizons MILA 40 de S&P...