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SachsenFonds selects CACEIS as depositary bank
21 November 2013 Berlin
Reporter: Daniel Jackson

The investment management company of SachsenFonds Group has mandated CACEIS to provide depositary services for its Alternative Investment Funds...

Hobart partners with Markit for commission management
21 November 2013 London
Reporter: Daniel Jackson

Hobart Capital Markets has partnered with Markit, who will provide a commission management solution for buyside customers...

US Bancorp acquires Quintillion
21 November 2013 Milwaukee
Reporter: Daniel Jackson

US Bancorp Fund Services has agreed to acquire Quintillion Limited...

Citi scores mandate with Canada's broadcasting corporation
20 November 2013 Toronto
Reporter: Georgina Lavers

Citi has been selected to provide custody and administration services to the Canadian Broadcasting Corporation Pension Plan, the first mandate of its kind for Citi in Canada...

New finance courses for Malta
20 November 2013 Malta
Reporter: Daniel Jackson

The Malta Fund Industry Association is holding a course on fund administration with a specialisation in banking and finance...

Guernsey signs MoU with China
19 November 2013 China
Reporter: Georgina Lavers

Guernsey’s financial services regulator, the Guernsey Financial Services Commission (GFSC), has signed a memorandum of understanding with the Chinese Securities Regulatory Commission (CSRC)...

Extra-large Swiss asset manager on the horizon
19 November 2013 Switzerland
Reporter: Georgina Lavers

The merger of a Julius Baer subsidiary and a wealth management group will create one of the largest independent asset management companies in Switzerland...

Citi pulls out Spanish stock exchange membership card
18 November 2013 Madrid
Reporter: Georgina Lavers

Citi has become a direct member of the Spanish Stock Exchange, under the new trading, non-settling membership category...

Moody's revises ratings of 8 largest US banks
18 November 2013 New Jersey
Reporter: Georgina Lavers

Assumed government support in the wake of the US Dodd Frank Act has led Moody’s to conclude its review of eight large US banking groups in a mostly positive light...

Luxembourg authorises first Renminbi fund under UCITS
15 November 2013 Luxembourg
Reporter: Georgina Lavers

The Luxembourg regulator CSSF has authorised the first Renminbi Qualified Foreign Institutional Investor (RQFII) fund under the Undertakings for Collective Investment in Transferable Securities (UCITS) scheme...

Citi mandates Maria Boyazny's PE firm
15 November 2013 New York
Reporter: Georgina Lavers

Citi has been mandated to provide private equity administration services to MB Global Partners, a New York-based private equity firm founded by Maria Boyazny...

CACEIS to take care of real estate
14 November 2013 Leipzig
Reporter: Georgina Lavers

The German asset manager, publity Performance GmbH, has mandated CACEIS to act as depository for its real estate mutual funds...