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Income drops at RBC after Dexia buyout


28 May 2012 Toronto
Reporter: Georgina Lavers

Royal Bank of Canada released its 2Q results, which revealed that for continuing operations, net income was at $1.56 billion, down 7 percent from $1.68 billion year-on-year...
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Guernsey funds grow by £8.7 billion


25 May 2012 Guernsey
Reporter: Georgina Lavers

The total value of funds business in Guernsey grew by £8.7 billion, or 3.3 percent, during 1Q 2012. 1Q growth follows a drop of over £10 billion in the final quarter of last year...
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Linedata hooks onto Jersey


24 May 2012 Jersey
Reporter: Georgina Lavers

Jersey-based finance house JTC Group has signed up for Linedata Icon, a fund accounting platform.?? Headquartered in Jersey, with operations in Guernsey, Luxembourg...
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NAB nabs another custody mandate


24 May 2012 Australia
Reporter: Georgina Lavers

Fiducian Portfolio Services will use NAB Asset Servicing as its custodian for its wrap and investment fund offerings. It is reported that the mandate will cover...
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£700 million custody mandate for Northern Trust


24 May 2012 London
Reporter: Georgina Lavers

Northern Trust has been appointed to provide custody and performance measurement services to £700 million ($1.1 billion) in assets for The Alcatel Pension Scheme, a global telecommunications corporation...
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NICE Actimize help out with FATCA


24 May 2012 New York
Reporter: Georgina Lavers

NICE Actimize has introduced a new FATCA compliance solution, broadening the capabilities of the integrated Actimize Anti-Money Laundering solution suite...
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BNY Mellon expands platform to German-speakers


23 May 2012 Frankfurt
Reporter: Georgina Lavers

BNY Mellon has launched a German-language version of its Workbench online reporting platform. In addition to adding local language functionality for German clients...
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Another win for NAB Asset Servicing


23 May 2012 Australia
Reporter: Georgina Lavers

National Australia Bank's Asset Servicing division has been appointed to provide custodial and administration services to Maple-Brown Abbott's retail funds...
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Italian fund manager gives mandate to SocGen SS


22 May 2012 Paris
Reporter: Georgina Lavers

Societe Generale Securities Services in Italy has been appointed by Alceda Fund Management to act as its local transfer agent in Italy, providing it with paying agent and investor relations management services for its fund...
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Söderberg & Partners mandates J.P. Morgan for custody


22 May 2012 London
Reporter: Georgina Lavers

J.P. Morgan’s Worldwide Securities Services has been selected by Söderberg & Partners, a Swedish asset manager with funds domiciled in Luxembourg, to provide a range of securities services, including custody...