Citi has renewed its agreement with Chou Associates Management and will continue to provide fund accounting, transfer agency, custody, and trust and securities lending services for the $600 million that it oversees in mutual fund assets...
Trading, investment management and information solutions provider Fidessa has released a white paper that examines the regulatory pressures facing the financial industry in Europe...
Its asset servicing arm has been named custodian for the Employees' Retirement System of the City of Baton Rouge and Parish of East Baton Rouge, Louisiana, which is worth approximately $1 billion...
It has been reported that State Street is on the cusp of buying Goldman Sachs’ hedge fund administration business, after Goldman Sachs has been shopping around for several months...
Clearstream recorded a slight decrease in assets under custody, which dropped by 2 percent to €11.1 trillion in May 2012, compared to €11.3 trillion year-on-year...
The International Swaps and Derivatives Association (ISDA) will partner up with Markit to develop a solution that enables counterparties to amend their OTC derivatives documentation to help compliance with Dodd-Frank...
BNY Mellon has named Edward Watson as executive vice president and chief operations officer. In this newly-created position, he will report to Kurt Woetzel, BNY Mellon's head...