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Bank of England finally drops interest rates


04 August 2016 London
Reporter: Stephanie Palmer

The Bank of England has dropped interest rates by 25 basis points to 0.25 percent, with the outlook for growth in the short to medium term weakening “markedly”...
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Mixed Q2 for State Street


04 August 2016 Boston
Reporter: Stephanie Palmer

State Street’s assets under custody and administration remained fairly steady in Q2 2016, compared to Q1, however the business has seen slight declines year-over-year...
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ENSO partners with EBS Treasury


04 August 2016 New York
Reporter: Mark Dugdale

ENSO Financial Analytics has partnered with ICAP’s money market fund platform EBS Treasury for cash and collateral movement workflows...
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SocGen sees challenging Q2 for securities services


03 August 2016 Paris
Reporter: Stephanie Palmer

Societe Generale’s securities services revenues dropped by 7.1 percent in Q2 2016, while revenues for H1 were down 11.5 percent compared to the same period last year...
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Digital Asset builds on leadership team


03 August 2016 New York
Reporter: Stephanie Palmer

Distributed ledger technology developer Digital Asset has made a string of new appointments, including RBS’s Carol Mathis as CFO...
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Wall Street Blockchain Alliance welcomes Calypso


03 August 2016 New York
Reporter: Stephanie Palmer

Calypso Technology, a technology solutions provider for global financial markets, has become a corporate member of the Wall Street Blockchain Alliance...
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Danish bank enlists GFT for ‘transformation’


02 August 2016 Copenhagen
Reporter: Stephanie Palmer

Technology consultant GFT is collaborating with Saxo Bank to improve operational efficiency and client services, and to support the bank’s next stage of growth...
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DTCC appoints Lisa Pollina


01 August 2016 London
Reporter: Becky Butcher

Former vice chairman of RBC Capital Markets Lisa Pollina has joined the board of directors of the Depository Trust and Clearing Corporation...
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Euroclear Bank bags ICBC ETF mandate


01 August 2016 Brussels
Reporter: Mark Dugdale

ICBC Credit Suisse Asset Management International has selected Euroclear Bank to clear and settle its first internationally listed China equity exchange-traded fund...
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J.P. Morgan bolsters investor services team


29 July 2016 Dublin
Reporter: Drew Nicol

J.P. Morgan has continued its recent recruitment drive by luring away another senior figure from Quintillion to join its investor services business...