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BNY Mellon in meeting Solvency II requirements


17 October 2011 London
Reporter: Justin Lawson

BNY Mellon launches Solvency II asset data reporting & governance solution, new offering allows clients to satisfy regulatory needs and industry best practice....
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KBC agrees sale of Belgian insurance arm


17 October 2011 Brussels
Reporter: Anna Reitman

KBC has announced an agreement with JC Flowers & Co for the sales of its subsidiary, Fidea, for €243.6 million...
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Clearstream and Luxembourg’s central bank launch LuxCSD


17 October 2011 Luxembourg
Reporter: Anna Reitman

Clearstream has announced that its joint venture, LuxCSD, with Luxembourg’s central bank is fully operational and will serve as the access point to TARGET2-Securities (T2S)...
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J.P. Morgan moves ahead with tri-party repo reforms


14 October 2011 Naples RMA
Reporter: Anna Reitman

Reaching 99 per cent plus compliance from active tri-party repo clients for three-way trade is something of which J.P. Morgan’s Worldwide Securities Services is quite proud...
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Citi expands PE fund administration services


14 October 2011 New York
Reporter: Anna Reitman

Citi has announced it has expanded its private equity and real estate administration services with an extension of its end-to-end portfolio administration capability...
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Penson expands MSA with Broadridge


14 October 2011 New York
Reporter: Anna Reitman

Penson Worldwide has announced that it has entered into an expanded master services agreement (MSA) with Broadridge Financial Solutions...
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Grant Thornton acquires fund administrator


13 October 2011 Johannesburg
Reporter: Anna Reitman

Grant Thornton Capital has announced it has acquired First Light Administration Services as part of the financial advisor's growth plan in South Africa...
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SocGen gets LBO France Gestion mandate


13 October 2011 Paris
Reporter: Anna Reitman

Societe Generale Securities Services (SGSS) has announced it is selected by LBO France Gestion to provide depositary bank services...
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HSBC expands global TA team


13 October 2011 London
Reporter: Anna Reitman

HSBC Securities Services (HSS) has appointed Aaron Ng as senior product manager for transfer agency for Asia and Nick Wheeler as product manager responsible for EMEA and the Americas...
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McEleney takes EMEA helm at BNY Mellon


13 October 2011 London
Reporter: Ben Wilkie

BNY Mellon has appointed Jim McEleney as chief operating officer for Europe, Middle East & Africa, based in London...
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Citi gets HLB mandate


11 October 2011 New York
Reporter: Anna Reitman

Citi Securities and Fund Services has announced that it has been appointed to provide a comprehensive range of custody and portfolio administration services to the Federal Home Loan Bank of New York (HLB)...
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Nomura picks Traiana for ETD services


11 October 2011 London
Reporter: Anna Reitman

Traiana has announced that its Harmony system will expand Nomura's exchange traded derivative (ETD) client service platform...