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Mixed results from SS&C indicators
21 May 2014 Connecticut
Reporter: Stephen Durham

SS&C GlobeOp’s forward redemption indicator for May has shown notifications of 4.32 percent, up from 3.23 percent in April...

National Settlement Depository has Deutsche Bank on board
21 May 2014 Moscow
Reporter: Tammy Facey

Deutsche Bank Trust Company Americas is now connected to Russia’s National Settlement Depository (NSD) as a US dollar cash settlement bank for delivery versus payment (DVP)...

Alter Domus acquires Irish firm O’ Donovan Stewart
21 May 2014 Ireland
Reporter: Tammy Facey

Alter Domus has acquired O’ Donovan Stewart Corporate Services in Ireland...

SIX elects trio to board of directors
21 May 2014 Switzerland
Reporter: Tammy Facey

Dr Patrik Gisel, Lorenz von Habsburg Lothringen and Søren Mose have been elected to the board of directors of the Six Group...

Interactive Data expands services to include Asia Pacific
20 May 2014 New York
Reporter: Tammy Facey

Interactive Data Corporation has added coverage of sovereign and corporate bonds issued in the Asia Pacific its NY Close International Fixed Income Evaluation Services...

Faster settlement for international securities
20 May 2014 Brussels
Reporter: Stephen Durham

A number of operators of European securities markets have announced that they will implement the migration to T+2 from T+3 for cash transactions and to T+1 from T+2 for repo transactions...

Land Securities chooses Citi
20 May 2014 London
Reporter: Stephen Durham

Citi has been appointed by Land Securities Group, the UK’s largest commercial property company, as depositary bank for its sponsored Level 1 American Depositary Receipt (ADR) programme...

Credit Suisse to pay for offshore tax evasion
20 May 2014 New York
Reporter: Tammy Facey

Credit Suisse has admitted that it helped American citizens to evade paying US tax by placing money in Swiss accounts...

National Association of Pension Funds hires duo
20 May 2014 London
Reporter: Tammy Facey

The National Association of Pension Funds (NAPF) has hired Jackie Wells as head of policy and research and Alison Binks as head of business development...

Columbus International gives bond roles to BNY Mellon
19 May 2014 New York
Reporter: Tammy Facey

Columbus International has appointed BNY Mellon as trustee, paying agent, registrar and transfer agent for its $1.25 billion corporate bond issuance...

HSBC bags £6.5 billion mandate
19 May 2014 London
Reporter: Mark Dugdale

HSBC Securities Services has been appointed global custodian to the Local Government Pension Scheme (LGPS) funds for Norfolk, Suffolk and the London Borough of Hackney...

Overseas pension plans on the up
19 May 2014 New York
Reporter: Tammy Facey

The number of American expats setting up overseas pension plans in the run up to the implementation of the Foreign Account Tax Compliant Act (FATCA) has risen, according to deVere Group...