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Fed doubles interest rates


17 December 2015 Washington DC
Reporter: Drew Nicol

The Federal Reserve’s board voted unanimously to raise interest rate from 0.25 to 0.5 percent for the first time since 2006...
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HazelTree & Goldman Sachs revamp cash management


17 December 2015 New York
Reporter: Drew Nicol

Treasury management provider HazelTree and Goldman Sachs Asset Management have joined forces to offer financial institutions automated cash management services.
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FINRA’s Paul Andrews joins IOSCO


16 December 2015 Madrid
Reporter: Stephanie Palmer

Paul Andrews has been appointed as secretary general of the International Organization of Securities Commissions (IOSCO), succeeding David Wright, who has been with IOSCO since 2012...
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Vietnam mandate for Northern Trust in Guernsey


16 December 2015 Guernsey
Reporter: Stephanie Palmer

Northern Trust has been chosen to provide fund administration services for the VinaCapital Vietnam Opportunity Investment Fund...
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Increases across the board for Clearstream


16 December 2015 Frankfurt
Reporter: Stephanie Palmer

Clearstream was an 8 percent increase in its assets under custody in November, compared to 2014, registering an increase from €12.4 trillion to €13.4 trillion...
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Senior management shake-up at IFDS


16 December 2015 London
Reporter: Stephanie Palmer

International Financial Data Services has hired Chris Spencer and Richard Barrett to its UK senior management team...
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IOSCO: hedge fund assets up a third


15 December 2015 New York
Reporter: Drew Nicol

Hedge fund assets under management have increased by 34 percent in three years, according to an International Organization of Securities Commissions survey...