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Vietnam Equity Fund launched with BNP Paribas’s aid
29 October 2013 Ho Chi Minh City, Vietnam
Reporter: Daniel Jackson

BNP Paribas Securities Services has supported the successful launch of the first UCITS-compliant, actively managed Vietnam equity fund...

TriOptima reduces legacy notionals
29 October 2013 New York
Reporter: Georgina Lavers

TriOptima is working with industry participants to implement a triReduce compression methodology for Index Tranche trades with non-standard coupons...

BT Global Services hires Tanuja Randery
29 October 2013 New York
Reporter: Georgina Lavers

BT has hired Tanuja Randery as president for strategy and marketing for its global services division, reporting to chief executive officer Luis Alvarez...

Deutsche Bank China approved to settle bonds
28 October 2013 Hong Kong
Reporter: Georgina Lavers

Deutsche Bank China has received an inter-bank bond settlement agent licence from People’s Bank of China...

Standard Chartered releases corporate actions platform
28 October 2013 Singapore
Reporter: Georgina Lavers

Standard Chartered now has a corporate actions platform in all 39 markets in its securities services network, with the aim of capturing investors and intermediaries across Asia, Africa and the Middle East...

Calastone snaps up ex-SWIFT employee
25 October 2013 London
Reporter: Georgina Lavers

Edward Glyn has left SWIFT after nearly a decade to join Calastone as managing director and head of global client relationship management...

Sandell switches out fund administrator
25 October 2013 Connecticut
Reporter: Georgina Lavers

Sandell Asset Management Corp. has switched its current fund administrator out in favour of SS&C GlobeOp...

Securities services revenue drops at Goldman Sachs
24 October 2013 New York
Reporter: Georgina Lavers

Goldman Sachs announced $340 million in revenue for its securities services division in Q3 2013, a decline of $36 million from the previous quarter and $52 million year-on-year...

Complacency threatens to rock reconciliation
24 October 2013 London
Reporter: Georgina Lavers

Industry-wide complacency and unsystematic monitoring are hampering efforts to achieve smarter operational efficiency for optimising enterprise reconciliation, said a new survey...

BMA announces fourth annual regulatory forum
24 October 2013 Hamilton
Reporter: Jenna Jones

The Bermuda Monetary Authority (BMA) has announced that its fourth annual international regulatory forum will be held on 19 November at the Fairmont Hamilton Princess Hotel...

BNP Paribas scoops up Brazilian mandate
23 October 2013 London
Reporter: Jenna Jones

BB Gestão de Recursos DTVM’s has selected BNP Paribas Securities Services to provide global custody, fund administration and depository bank services to its $7 billion qualifying investor fund...

Euroclear appoints Satvinder Singh to board
23 October 2013 London
Reporter: Jenna Jones

Satvinder Singh, Deutsche Bank’s global head of trust and securities services and cash management financial institutions, has been appointed to the board of directors of Euroclear and Euroclear SA/NV...