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Citi survey suggests hedge fund struggles
30 January 2015 New York
Reporter: Stephanie Palmer

The hedge fund industry could see about a 30 percent dip in profits in 2014 compared to 2013, due to poor performance...

Northern Trust takes the reins of London’s LGPS
26 January 2015 London
Reporter: Stephanie Palmer

Northern Trust is working with the London Councils to establish a tax-transparent, pooled fund to consolidate the local government pension funds...

Citi reports challenging Q4 2014
19 January 2015 New York
Reporter: Stephanie Palmer

Citigroup has reported its earnings for Q4 2014, revealing a dramatic drop in net income compared to the same period in 2013...

Citi launches A-Share trading for Europe
16 January 2015 Hong Kong
Reporter: Stephanie Palmer

Citi’s depository bank business can now offer A-Share trading through the Shanghai-Hong Kong Stock Connect scheme for alternative investment funds and UCITS funds that are registered in Europe...

First Names Group in management reshuffle
13 January 2015 Jersey
Reporter: Becky Butcher

First Names Group has appointed Cengiz Somay as group CEO...

Turkish delight for LSEG
13 January 2015 Istanbul
Reporter: Stephanie Palmer

The London Stock Exchange Group has signed a partnership agreement with Borsa Istanbul allowing the London Stock Exchange Derivatives Market to offer trading in Turkish derivatives products...

Eaton Vance selects SimCorp for communications
09 January 2014 Boston
Reporter: Stephanie Palmer

Eaton Vance Management has chosen SimCorp Coric to provide a client reporting and communications platform for global operations...

Derivatives users not ready for margin regulations
06 January 2015 New York
Reporter: Stephanie Palmer

Derivatives end users are concerned about their ability to meet new margin requirements for non-cleared derivatives, according to a survey by the International Swaps and Derivatives Association (ISDA)...

Citisoft: Asset managers risk falling behind on Pillar III
06 January 2015 Boston
Reporter: Stephanie Palmer

Citisoft has launched a facility to help asset managers prepare for the implementation of Pillar III data delivery expectations for Solvency II in January 2016...

BNP Paribas appoints two seniors in Zurich
16 December 2014 Zurich
Reporter: Becky Butcher

BNP Paribas Securities Services has appointed two senior sales executives to its client development team in Zurich...

BNY Mellon supports new rules in Romania
10 December 2014 Bucharest
Reporter: Stephanie Palmer

BNY Mellon has welcomed new rules that make it easier for foreign investors to buy securities in Romanian companies...

Calastone’s Cristóbal Conde takes up chairman position
17 November 2014 London
Reporter: Stephanie Palmer

Calastone has appointed Cristóbal Conde as chairman of the board, moving up from his position as non-executive director, which he took up in late 2013...