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Kentucky names BNY Mellon as custodian
09 October 2013 New York
Reporter: Mark Dugdale

Kentucky Retirement Systems has named BNY Mellon as its global custodian. The bank will provide global custody, cash management, foreign exchange, private equity administration, and a range of global risk solutions services..

Stanbic IBTC selected as custodian for BNP Paribas
09 October 2013 Nigeria
Reporter: Georgina Lavers

Stanbic IBTC, a member of Standard Bank Group, has been selected as the custodian for BNP Paribas Securities Services in Nigeria...

European fund managers await hefty bill
09 October 2013 London
Reporter: Georgina Lavers

Regulatory change could cost European fund managers up to $500 million per annum, according to study by BNY Mellon and EY...

New network opens for business
08 October 2013 New York
Reporter: Mark Dugdale

Bank of America Merrill Lynch, Barclays, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, J.P. Morgan Chase and Morgan Stanley have all joined a new open messaging network from Markit...

US retirement system down two places
08 October 2013 Melbourne
Reporter: Mark Dugdale

The US has slipped to 11th in the Melbourne Mercer Global Pension Index. Its overall score fell slightly from 59 in 2012 to 58.2 in 2013, resulting in the American pension system being overtaken by Singapore and Germany...

Five percent AUC increase for Clearstream
07 October 2013 Luxembourg
Reporter: Georgina Lavers

Assets under custody increased by 5 percent year-on-year and securities finance services increased by 4 percent, in a good batch of September figures for Clearstream. ...

Kane hires Bermuda veteran Matthew Charleson
07 October 2013 Bermuda
Reporter: Georgina Lavers

Kane LPI Solutions has hired Matthew Charleson as head of LPI Fund Administration Services, with immediate effect...

Custom House eagerly prepares for NY growth
07 October 2013 New York
Reporter: Georgina Lavers

Custom House Global Fund Services has opened a New York office and expanded its business development team in anticipation of growth in the region...

Fund managers' criminal past now on check
07 October 2013 New York
Reporter: Georgina Lavers

Individual background checks for fund manager staff, including investigating criminal and credit history, are now available at Kinetic Partners...

HSS hires three new salespeople
04 October 2013 London
Reporter: Georgina Lavers

HSBC Securities Services (HSS) has made three new appointments in sales for North America and Europe...

Allfunds Bank hires to help with UK expansion
04 October 2013 London
Reporter: Georgina Lavers

Allfunds Bank has appointed Bradley Lewis to lead the commercial activities of its UK office and to help spearhead its expansion...

Deutsche Börse delivers historic data
03 October 2013 Frankfurt
Reporter: Georgina Lavers

Deutsche Börse AG has introduced a new cloud-based service to deliver historical market data...