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State Street bags Dutch pension fund mandate


21 October 2011 Boston
Reporter: Anna Reitman

State Street has announced its appointment by Stichting Pensioenfonds SABIC Innovative Plastics to service €700 million in pension fund assets....
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BNY Mellon Q3 earnings up 4.6% yoy


20 October 2011 New York
Reporter: Anna Reitman

Bank of New York Mellon reported third quarter net income of $651 million, a lift of 4.6 per cent from $622 million versus the same period in 2010, on the back of new business wins, net long-term asset flows and increased deposits.
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Northern Trust Q3 profits up 9.5% yoy


19 October 2011 Chicago
Reporter: Anna Reitman

Northern Trust has announced third quarter profits of $170.4 million compared with $155.6 million the year previous, posting rises of 9.5 per cent and 12 per cent quarter on quarter...
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Cerberus appoints J.P. Morgan as administrator


19 October 2011 New York
Reporter: Justin Lawson

J.P. Morgan Worldwide Securities Services has been appointed by Cerberus Capital Management, L.P., one of the world's leading private investment firms, to provide fund administration and....
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BlackRock Q3 revenue up from fees and services


19 October 2011 New York
Reporter: Anna Reitman

In its annual earnings statement, BlackRock credits advisory and administration fees as well as securities lending revenue for an increase in Q3 revenue...
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J.P. Morgan gets UK pension mandate


19 October 2011 London
Reporter: Anna Reitman

J.P. Morgan Worldwide Securities Services (WSS) has announced it has been appointed to provide global custody services to the Royal County of Berkshire pension fund...
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State Street Q3 profit up 1.2 per cent


18 October 2011 Boston
Reporter: Anna Reitman

State Street profits were up 1.2 per cent in the third quarter this year, on a non-operating basis, rising to $544.3 million from $538 million year on year...
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Algorithmics signs Nordea for Solvency II


18 October 2011 London
Reporter: Anna Reitman

Algorithmics has announced that Nordea Life and Pensions has chosen its compliance and reporting edition to address Solvency II regulatory compliance...
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Northern Trust enhances TA access


17 October 2011 London
Reporter: Justin Lawson

Northern Trust extends access to transfer agency data to nominees and third party fund distributors...
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Trian makes State Street action plan public


17 October 2011 New York
Reporter: Anna Reitman

A large shareholder of State Street has made proposals made to the custodian earlier this year public in a bid to increase shareholder value...