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BNY Mellon to snap up Penson's Australian ops
28 November 2011
Reporter Anna Reitman

Penson Worldwide has announced the sale of its Australian subsidiary to BNY Mellon for some $32 million...

Southwest Securities partners with Comerica for trust administration
26 October 2011
Reporter Anna Reitman

Southwest Securities has announced that it is expanding its product platform by offering customers trust administration services through an alliance with Comerica Bank and Trust...

Penson merges FCM and BD business
01 September 2011
Reporter Anna Reitman

Penson Worldwide has announced the successful integration of its broker-dealer and US futures businesses...

Penson Worldwide to sell London-based financial services arm
11 August 2011
Reporter Anna Reitman

Penson Worldwide has announced its intent to sell Penson Financial Services (PFSL) in London in a bid to return to profitability and shed costs after a disappointing quarter...

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