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Norther Trust's third quarter reveals AUC growth
22 October 2013 Chicago
Reporter: Georgina Lavers

Northern Trust’s assets under custody have increased by 10 percent year-on-year, and 5 percent sequentially, for its third quarter results this year...

Northern Trust Hedge Fund Services mandated by Alcova
22 October 2013 London
Reporter: Georgina Lavers

Alcova Asset Management has selected Northern Trust Hedge Fund Services to provide a full range of administrative and middle-office outsourcing services to its quantitatively driven, equity market-neutral fund...

Post-communist Romanian fund appoints SocGen
22 October 2013 Bucharest
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has been appointed by S.C. Fondul Proprietatea to act as its custody and depository agent bank in Romania...

Foreign currency to thank for BNY Mellon’s AUC growth
21 October 2013 New York
Reporter: Georgina Lavers

BNY Mellon recorded a 4 percent increase in assets under custody year-on-year for Q3 2013...

SunGard adds Philippine broker to network
21 October 2013 Philippines
Reporter: Georgina Lavers

First Metro Securities Brokerage Corporation has joined the SunGard Global Network (SGN) to become the network’s first broker based in the Philippines...

Russian CSD takes up legal identification
18 October 2013 Moscow
Reporter: Georgina Lavers

National Settlement Depository (NSD), Russia’s central securities depository, has begun to act as a pre-local operating unit that provides assigns pre-legal entity identifiers to Russian legal entities...

CIBC Mellon keeps newspaper mandate
18 October 2013 Halifax
Reporter: Georgina Lavers

CIBC Mellon has been kept as the asset servicing provider for the Halifax Herald Limited, publisher of The Chronicle Herald newspaper...

BBH has new corporate actions system
17 October 2013 Boston
Reporter: Georgina Lavers

Brown Brothers Harriman has created a corporate actions tool, InfoActionSM, to target institutional asset managers...

Funds Partnership shifts recruitment focus to Luxembourg
17 October 2013 Luxembourg
Reporter: Georgina Lavers

Funds Partnership’s EMEA director Rana Hein-Hartmann has relocated to Luxembourg from London...

DTCC president joins Omgeo board
16 October 2013 New York
Reporter: Georgina Lavers

Following the announcement that DTCC acquired full ownership of Omgeo, Michael Bodson, the president and CEO of The Depository Trust & Clearing Corporation (DTCC), is joining Omgeo’s board of managers as chairman...

Peter Northcott hired at KB Associates
16 October 2013 London
Reporter: Georgina Lavers

KB Associates has hired Peter Northcott as an executive director...

Deutsche veteran Sicilia appointed to push equity services
16 October 2013 New York
Reporter: Georgina Lavers

Deutsche Bank’s global transaction banking division has appointed Jose Sicilia, a 15-year veteran of Deutsche, as global head of global equity services...