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RBC Hedge 250 Index returns 1.35 percent
19 April 2013 New York
Reporter: Georgina Lavers

RBC Capital Markets reported that for the month of March 2013 the RBC Hedge 250 Index had a net return of 1.35 percent...

Norway submits to FATCA
18 April 2013 Oslo
Reporter: Georgina Lavers

Norway has signed an intergovernmental agreement (IGA) with the US on 15 April, authorising the exchange of information for tax purposes in light of FATCA...

Standard Chartered pushes Africa growth
18 April 2013 South Africa
Reporter: Georgina Lavers

Standard Chartered is to buy the South African custody and trustee business of Absa Bank...

SWIFT launches new BPO rules and tools
17 April 2013 Brussels
Reporter: Jenna Jones

SWIFT and the International Chamber of Commerce Banking Commission (ICC) have released new legal and technology standards for Bank Payment Obligation (BPO)...

Torstone Technology opens back door for Amazon and Rackspace
17 April 2013 London and New York
Reporter: Georgina Lavers

Torstone Technology, a securities and derivatives processing software providers, has made its Inferno back office system available for Virtual Private Cloud (VPC) environments such as Amazon or Rackspace...

Snowdon takes charge of revamped Moore Group
17 April 2013 Jersey
Reporter: Georgina Lavers

Clive Snowdon has been appointed as group managing director of the Moore Group; the first senior position to be announced since the fund business was acquired by First Names Group in January...

British Airways opts for BNY Mellon
17 April 2013 New York and London
Reporter: Jenna Jones

British Airways Pension Fund has selected BNY Mellon to provide OTC derivatives and collateral management services...

Citi names CEO for CitiTrust in Asia Pacific
16 April 2013 Hong Kong
Reporter: Jenna Jones

Stewart Aldcroft has been recruited as CEO of CitiTrust. He will be based in Hong Kong and report to David Russell, regional head for securities and fund services Asia Pacific...

Jeff Conway to lead new data solution for State Street
16 April 2013 London and New York
Reporter: Georgina Lavers

State Street has hired Jeff Conway to lead an organisation that deals with clients’ data information and trading challenges...

Euroclear expands in Luxembourg
16 April 2013 Luxembourg
Reporter: Jenna Jones

Euroclear is expanding its Luxembourg based office to accommodate up to 10 employees who will focus on growing client relationships and delivering account management services...

Fidessa is one-stop shop for Asian brokers
15 April 2013 Hong Kong
Reporter: Georgina Lavers

Fidessa has partnered with a number of key Asian regional brokers to provide a one-stop-shop trading service for all ASEAN markets...

Transact is re-registering with Calastone
15 April 2013 London and New York
Reporter: Georgina Lavers

Fund transaction network Calastone has been chosen by Transact to provide it with a fully interoperable, electronic re-registration solution...