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Clearstream launches new fund distribution support services


16 May 2019 Frankfurt
Reporter: Jenna Lomax

Clearstream is to expand its investment funds service offering by merging Vestima funds processing services with distribution support services, under the umbrella of its Clearstream Fund Desk
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Maple-Brown Abbott selects Northern Trust for custody services


14 May 2019 Sydney
Reporter: Jenna Lomax

Maple-Brown Abbott has selected Northern Trust to provide global custody, middle-office trade matching, fund administration, foreign exchange and associated services for its global investment products and portfolios
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Banca IMI Securities fined over $2 million for bid-rigging


14 May 2019 Washington DC
Reporter: Jenna Lomax

Banca IMI Securities has pleaded guilty to an antitrust charge and was sentenced to pay a criminal fine in excess of $2 million for its involvement in bid-rigging for certain financial instruments