MUFG Investor Services is set to acquire Guggenheim Investements’s 1940 Act mutual fund administration business, Rydex Fund Services, for an undisclosed fee...
KCG Holdings, the US securities trading firm, is improving its presence in Europe with the acquisition of Neonet Securities, an execution service provider based in Stockholm...
Alpima, a London-based advisory firm, has selected SS&C’s Advent Portfolio Exchange (APX) and Moxy solutions to support its digital advisory programme...
State Street will stump up at least $382.4 million to settle allegations it deceived custody clients through fraudulent foreign exchange (FX) practices...
Northern Trust has adopted the margin settlement service offering of GlobalCollateral, the joint venture between Euroclear and the Depository Trust & Clearing Corporation...
Standard Chartered has created a new global securities services business line within its transaction banking segment, and appointed Margaret Harwood-Jones to lead it...
Financial services firms remain responsible for their own regulatory compliance, and should conduct due diligence when using ‘cloud' technology, according to new guidance from the FCA...