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AIC recommends abolishing AIFMD post-Brexit


09 January 2017 London
Reporter: Stephanie Palmer

The Association of Investment Companies (AIC) has recommended that the UK government scraps the Alternative Investment Fund Managers Directive following its exit from the EU...
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SwapClear reveals record-breaking 2016


09 January 2017 London
Reporter: Stephanie Palmer

LCH’s SwapClear service saw a record high in interest rate derivatives cleared in 2016, processing a total of over $665 trillion in 3.8 million trades...
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Northern Trust expands capital markets team


09 January 2017 London
Reporter: Drew Nicol

Northern Trust has expanded its global capital markets team with the appointment of Craig Blackbourn as head of transition management for EMEA...
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Tim Wood to depart RBC I&TS


06 January 2017 London
Reporter: Stephanie Palmer

Tim Wood is to leave RBC Investor and Treasury Services, the bank has confirmed...
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BNY Mellon chosen for Brazilian ADR


06 January 2016 São Paulo
Reporter: Stephanie Palmer

Braskem SA, a Brazilian petro-chemical firm, has appointed BNY Mellon as depository bank for its American depository receipt programme...
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NA asset managers will unbundle ahead of MiFID II


06 January 2017 New York
Reporter: Mark Dugdale

A staggering 82 percent of North American asset managers plan to fully unbundle all of their brokers globally, despite many not expecting the EU’s MiFID II to directly affect them...
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Ireland prepared for post-Brexit influx


05 January 2016 Dublin
Reporter: Stephanie Palmer

The Central Bank of Ireland is preparing for the possibility of financial services firms relocating from the UK to Ireland when the UK leaves the EU...
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Confluence called upon for AIFMD reporting


05 January 2017 London
Reporter: Stephanie Palmer

Royal London Asset Management has appointed Confluence’s Unity NXT solution to help meet reporting requirements under the Alternative Investment Fund Managers Directive...
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Industry veteran joins Apex


04 January 2017 New York
Reporter: Stephanie Palmer

Apex Fund Services has appointed Wall Street stalwart Daniel Strachman as head of US business development...
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Chinese fintech fund of funds launches


04 January 2017 Hong Kong
Reporter: Stephanie Palmer

A consortium of Chinese companies have joined forces to establish a 10 billion-renminbi Asia FinTech Merger and Acquisition Fund of Funds, focused on supporting and developing fintech enterprises...