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SGSS to service OTC derivatives


27 June 2014 Paris
Reporter: Stephen Durham

Societe Generale Securities Services (SGSS) has launched a trade repository reporting offer for over-the-counter (OTC) derivatives, servicing multi-counterparties and multi-asset classes, under the European Markets Infrastructure Regulation (EMIR)...
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GFT acquires Rule Financial


27 June 2014 Stuttgart
Reporter: Stephen Durham

GFT Technologies AG has signed an agreement via its subsidiary, GFT UK, to acquire the UK-based company Rule Financial and all its international subsidiaries. The parties agreed not to disclose the acquisition price...
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China’s AMAC signs first international MoU


27 June 2014 Beijing
Reporter: Catherine Van de Stouwe

The Alternative Investment Management Association (AIMA) has signed a memorandum of understanding (MoU) with the Asset Management Association of China (AMAC)...
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BNY Mellon creates markets group


26 June 2014 New York
Reporter: Tammy Facey

BNY Mellon is merging key businesses ahead of the departure of three executives...
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BNP Paribas wins ICG mandate


26 June 2014 London
Reporter: Stephen Durham

BNP Paribas Securities Services has been appointed to provide a range of debt market services, including collateral administration, trustee and liquidity services, to Intermediate Capital Group (ICG)...
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London and Casablanca forge partnership


26 June 2014 London
Reporter: Stephen Durham

The London Stock Exchange Group (LSEG) and Casablanca Stock Exchange (CSE) have signed a strategic agreement to expand CSE’s activity in the North Western and Central African regions...
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Hedge funds remain positive


25 june 2014 New York
Reporter: Stephen Durham

Hedge funds have been hitting record assets as investor interest in these funds continues to grow, according to the May 2014 Hedge Fund Asset Flows Report from eVestment...