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Mazor Robotics appoints BNY Mellon as depository
14 June 2013 New York
Reporter: Jenna Jones

Mazor Robotics has named BNY Mellon as depository bank for its American depository receipt (ADR) programme...

EACH wants CCP exemption from bail-ins
14 June 2013 Brussels
Reporter: Georgina Lavers

The European Association of CCP Clearing Houses (EACH) is urging regulators to exempt CCPs from the bail-in provisions of the banking recovery and resolution framework proposal...

BNY Mellon shines a light on Chinese retailer
14 June 2013 New York and Hong Kong
Reporter: Jenna Jones

LightInTheBox Holding Co. has appointed BNY Mellon as depository bank for its American depositary receipt (ADR) programme...

Horizon Cash Management targets emerging managers
13 June 2013 Chicago
Reporter: Georgina Lavers

Horizon Cash Management has created an account that aims to provide small and emerging fund managers with a safe alternative for cash balances that are in excess of margin requirements...

BNY Mellon increases scope of ING IM mandate
13 June 2013 New York
Reporter: Mark Dugdale

BNY Mellon has taken on more work from the US arm of ING Investment Management, expanding on its mutual funds mandate to include the provision of fund accounting and administration, custody, and transfer agency services for two saving plans...

SGSS sets up shop in Tunisia
13 June 2013 Tunis
Reporter: Jenna Jones

Societe Generale Securities Services (SGSS) is opening a new office in Tunisia to develop its custody services offer...

Eurex rolls out new trading system
13 June 2013 Frankfurt
Reporter: Jenna Jones

Eurex Exchange has completed its migration to Deutsche Boerse Group’s global trading system. The fixed income derivatives segment was the last product group to migrate from the previously used system...

Pinnacol Assurance singles out State Street
13 June 2013 Bostson
Reporter: Jenna Jones

Workers’ compensation insurance provider, Pinnacol Assurance, has selected State Street to provide full custody and accounting services as well as compliance monitoring and performance and analytics solutions...

Tesco director to take over as new NAPF chairman
12 June 2012 London
Reporter: Mark Dugdale

Ruston Smith has been appointed chairman of the National Association of Pension Funds. He will succeed Mark Hyde Harrison, whose two-year tenure ends at the NAPF Annual General Meeting on 18 October...

Hedge fund association to lose CEO
12 June 2012 London
Reporter: Mark Dugdale

The CEO of AIMA is stepping down from his role at the end of the year. Andrew Baker has been CEO since the beginning of 2009. The association is in the process of finding his successor...

Cofunds routes orders through Euroclear’s EMX system
12 June 2013 London
Reporter: Jenna Jones

Cofunds is linking to Euroclear’s EMX message system for further electronic fund transaction order routing, enabling the company to achieve 95 percent STP with fund managers...

Boosted depository costs may outweigh the advantages of AIFMD
12 June 2013 Brussels
Reporter: Georgina Lavers

Polling sessions during Clearstream’s Fund Summit in Brussels revealed that 60 percent of the 150 delegates anticipate that the increase in costs for depositories posed by AIFMD rules will be significant and will outweigh the advantages...