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State Street to cut positions


01 December 2010 Boston
Reporter: Ben Wilkie

State Street has announced a cost cutting plans that will see 1,400 jobs lost across the group...
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Citi wins Global X Funds mandate


01 December 2010 New York
Reporter: Steven Lafferty

Citi has won a mandate to provide third-party securities lending services for Global X Funds' family of exchange traded funds.
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Deutsche Bank appoints new Netherlands chief country officer


01 December 2010 Frankfurt
Reporter: Justin Lawson

Deutsche Bank has announced the appointment of Maarten van Berckel as Chief Country Officer for the Netherlands, effective from 1st December 2010. Mr. Van Berckel succeeds Leonhard Degle, who will retire in March 2011
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Societe Generale launches Alpha x in Hong Kong


30 November 2010 Hong Kong
Reporter: Justin Lawson

After its release in Europe, Alpha x has now been made available in Asia. Alpha x is Societe Generale's crossing network which matches its clients’ buy and sell orders on a particular stock through an integrated electronic execution platform.
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SunGard Integrates MarketMap Market Data


29 November 2010 New York
Reporter: Ben Wilkie

SunGard has completed integration between its MarketMapglobal market data solution and its WealthStationwealth management and Valditrading solutions...
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Eurex Clearing introduces new Pre-Trade Risk Limit Functionality


29 November 2010 Frankfurt
Reporter: Ben Wilkie

Eurex Clearing has launched its “Advanced Risk Protection” solution. The new service enables clearing members and non-clearing members to control their trading and operational risks by setting pre-trade limits on aggregate risk metrics such as th
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Northern Trust Celebrates the Opening of Beijing Branch


26 November 2010 Beijing
Reporter: Justin Lawson

Northern Trust celebrated the official opening of its first China branch in Beijing yesterday with an event at the Great Hall of the People for regulators, clients, and industry peers.
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Geier Asset Management first fund launched


23 November 2010 Columbus
Reporter: Justin Lawson

Huntington Asset Services, a provider of fund administration and accounting, distribution, and transfer agency services, has been selected by Baltimore-based Geier Asset Management, Inc., to oversee the advisor's first mutual fund offering.
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Two appointments at Appleby


23 November 2010 Jersey
Reporter: Ben Wilkie

Offshore legal, fiduciary and administration services provider Appleby has announced two appointments within Appleby Trust (Jersey) Limited...
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Northern Trust good for Health


23 November 2010 Chicago
Reporter: Justin Lawson

Northern Trust has been selected as global custodian for John Muir Health of Walnut Creek, California. Northern Trust will provide global custody for more than $800 million in pension, endowment and operating funds, as well as benefit payment service
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Deutsche Boerse launches algo news feed in Tokyo data center


23 November 2010 Frankfurt
Reporter: Justin Lawson

Deutsche Boerse – Market Data & Analytics has now made its algorithmic news feed “AlphaFlash” available in a data center in Tokyo. This is the second Asia-Pacific location where AlphaFlash is offered.