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Citi establishes DCC services in Panama


27 July 2011 Panama City
Reporter: Steven Lafferty

Citi has begun to provide Direct Custody and Clearing (DCC) services to clients investing in Panama. This new offering expands Citi’s proprietary DCC network to eight markets across Latin America......
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BNP Paribas CIB unveils global prime brokerage platform


27 July 2011 New York
Reporter: Ben Wilkie

BNP Paribas Corporate and Investment Banking has unveiled its global prime brokerage platform, which provides clients with a global approach to financing, execution and servicing...
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DAP and Paladyne launch direct service


27 July 2011 New York
Reporter: Ben Wilkie

Direct Access Partners and Paladyne Systems have announced a strategic relationship to provide Paladyne FastStart, directly to clients of Direct Access Partners...
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BNY Mellon appointed by BioLineRx


26 July 2011 New York
Reporter: Ben Wilkie

BNY Mellon has been selected by BioLineRx as the depositary bank for its American depositary receipt (ADR) programme...
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BNY Mellon selected by Formula Investing Funds


26 July 2011 New York
Reporter: Ben Wilkie

BNY Mellon Asset Servicing has been selected to provide its mutual fund turnkey solutions product, FundVantage Trust, which includes fund accounting and administration, custody, transfer agency, and underwriter services, to Gotham Asset Management...
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BNY Mellon launches iPad app


25 July 2011 New York
Reporter: Ben Wilkie

BNY Mellon has launched Workbench Mobile, a new app enabling the firm’s institutional clients to authorise instructions and securely access key reports and account information from their iPad...
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Prigent to head SGSS


25 July 2011 Paris
Reporter: Ben Wilkie

Bruno Prigent, currently deputy head of Societe Generale Securities Services (SGSS), will become head of SGSS as of 30 September 2011...
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Ebeling to join UBS


22 July 2011 Zurich
Reporter: Ben Wilkie

Sven Ebeling is to join UBS as head of asset servicing in Switzerland...
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J.P. Morgan selected by AQR Capital Management


22 July 2011 New York
Reporter: Ben Wilkie

J.P. Morgan has been selected by investment management firm AQR Capital Management, adviser to the AQR Funds, to provide prime custody and fund administration to its newly launched mutual fund...
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J.P. Morgan transitions APG's emerging market assets


21 July 2011 Amsterdam
Reporter: Ben Wilkie

J.P. Morgan’s Worldwide Securities Services business has successfully transitioned $12.5 billion in emerging market assets for APG, the Dutch pension administrator and asset manager...
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Luxembourg prepares for AIFMD


21 July 2011 Luxembourg
Reporter: Ben Wilkie

On the 1st July 2011, the Alternative Investment Fund Managers Directive (AIFMD) was published in the Official Journal of the European Union...