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NSD customer committee elects 25
29 July 2013 Moscow
Reporter: Georgina Lavers

The supervisory board of National Settlement Depository (NSD), Russia’s central securities depository, has elected 25 members to its CSD customer committee, with a one year term of power...

State Street picks up former Moody's researcher
26 July 2013 New York
Reporter: Georgina Lavers

State Street has appointed Roger Stein as chief analytics officer for its global exchange...

BNP Paribas snaps up Commerzbank's depot business
26 July 2013 London
Reporter: Georgina Lavers

BNP Paribas Securities Services has acquired Commerzbank’s depotbank business for German-domiciled UCITS and institutional funds, securities funds as well as open-ended real estate funds...

Australian CEO predictions centre around technology
25 July 2013 Sydney
Reporter: Georgina Lavers

Nearly all CEOs (96 percent) who participated in a recent survey believe technology is a key consideration when conducting strategic planning...

FCA dishes out £5.62 million fine to RBS
25 July 2013 London
Reporter: Georgina Lavers

The Royal Bank of Scotland has been fined £5.62 million by the Financial Conduct Authority for incorrectly reporting transactions it made in wholesale markets, and in some instances, failing to report transactions at all...

DTCC takes full control of Omgeo
24 July 2013 New York
Reporter: Mark Dugdale

The Depository Trust & Clearing Corporation is taking full control of post-trade services provider Omgeo after agreeing to acquire Thomson Reuters’s 50 percent stake in the company...

European CSDs to settle down early
24 July 2013 Brussels
Reporter: Mark Dugdale

Euroclear’s central securities depositories in Belgium, France and the Netherlands will settle all transactions on a T+2 basis from October 2014...

BNP Paribas launches ‘stronger super’ solution
24 July 2013 Sydney
Reporter: Jenna Jones

BNP Paribas Securities Services has created a new solution to provide Australian superannuation funds with the detailed reporting and look through data needed to meet the ‘stronger super’ reporting requirements...

Citi launches Dutch depository
24 July 2013 Amsterdam
Reporter: Mark Dugdale

Citi has established a new depository in the Netherlands following the implementation of the Alternative Investment Fund Managers Directive...

Calypso will clear for new Chilean CCP
23 July 2013 San Francisco
Reporter: Georgina Lavers

COMDER Central Counterparty has selected Calypso to provide the core clearing platform for a new central counterparty for OTC derivatives created by a consortium of Chilean banks...

NYC opts for State Street
23 July 2013 New York
Reporter: Mark Dugdale

State Street is in line to replace BNY Mellon as the master custodian of New York City’s five pension funds. The city’s comptroller John Liu said that State Street’s proposal was the cheapest to emerge from an open bidding process...

2Q 2013 reflects high asset servicing revenue for BNY Mellon
23 July 2013 New York
Reporter: Georgina Lavers

Assets under custody and/or administration for BNY Mellon's second quarter amounted to $26.2 trillion at 30 June 2013...