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Will financial services firms self regulate? New report is gloomy
28 November 2013 London
Reporter: Georgina Lavers

The financial services industry is failing to adopt voluntary standards crucial to rebuilding trust in banking, despite overwhelming support from those working in the sector, said a recent report...

LOST: $68 million in unclaimed shares and dividends. Contact SGX for details
27 November 2013 Singapore
Reporter: Georgina Lavers

Singapore Exchange (SGX) wants to locate 89,000 investors who own $68.3 million in unclaimed shares and dividends...

BNY Mellon hires Lars Hella for German depotbank
27 November 2013 London
Reporter: Georgina Lavers

BNY Mellon has hired Lars Hella as head of depotbank services in Germany...

Standard Chartered hires two ex-Citi staff for OTC regs
27 November 2013 London and Singapore
Reporter: Georgina Lavers

Standard Chartered has created a new client-focused unit within its financial markets business to provide optimisation of pricing and execution, access to liquidity hubs, client clearing, and an array of portfolio services within the derivatives mark

October positive for hedge fund inflows
26 November 2013 New York
Reporter: Daniel Jackson

Multi-strategy hedge fund flows outpaced all others in October while macro strategies continued to attract allocation, according to eVestment...

BNP Paribas secures custody mandate from Euro Bank
25 November 2013 London
Reporter: Daniel Jackson

BNP Paribas has confirmed a mandate from the EBRD to provide local custody, settlement, cash and foreign exchange services in Morocco...

Confluence hires for European sales
25 November 2013 Pittsburgh
Reporter: Georgina Lavers

Confluence, a provider of data solutions for the investment management industry, has hired Jimmy Harrington as a global sales account executive...

Calastone on automatic high
25 November 2013 London
Reporter: Georgina Lavers

Four third party administrators, including BNY Mellon and Northern Trust are to use Calastone for automated re-registration...

First Names Group appoints a new Associate Director
22 November 2013 Jersey
Reporter: Daniel Jackson

First Names Group, the trust, fund and corporate services provider, has appointed Tom Hardman as its Associate Director in the firms Jersey office...

4sight encourages optimisation from all angles
22 November 2013 Edinburgh
Reporter: Daniel Jackson

Regulatory and cost headaches are leading firms to a search for ways to optimise various aspects of trade types that involve some level of counterparty credit risk, said a recent whitepaper...

Fund manager fee squabble continues
22 November 2013 London
Reporter: Daniel Jackson

Research suggests that nearly half of investors in infrastructure disagree that fund managers’ and investors’ interests are properly aligned when it comes to fund terms and conditions...

Broadridge and TwoFour to cooperate on office process
21 November 2013 New York
Reporter: Daniel Jackson

Broadridge Financial Solutions and TwoFour Systems will cooperate to provide an end-to-end solution for treasury-based instruments...