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Newedge hires Schulz as chief risk officer for UK office
17 October 2012 London
Reporter: Jenna Jones

Newedge has appointed Michael Schulz as chief risk officer for Newedge UK Financial...

Cathay Conning selects speedy Citi
17 October 2012 Hong Kong
Reporter: Jenna Jones

Cathy Conning Asset Management (CCAM) has outsourced its middle office to Citi after the firm guaranteed it would have operations running within five weeks...

Oslo Børs does Swedish exchange deal
17 October 2012 Stockholm
Reporter: Jenna Jones

Securities trading firm Oslo Børs is set to acquire full ownership of Swedish exchange company Burgundy...

Shock resignation as Vikram Pandit leaves Citi
16 October 2012 London
Reporter: Georgina Lavers

In a surprising turn, Vikram Pandit has abruptly left Citigroup after rumours that there were clashes between him and the board over strategy...

SS&C launches middle-office service for complex portfolios
16 October 2012 Connecticut
Reporter: Georgina Lavers

SS&C Technologies has launched GoTrade+, an advanced, flexible middle-office service for complex investment portfolios. GoTrade+ supports post-trade activities of complex traded transactions...

J.P. Morgan is new depositary for steel merger
16 October 2012 Tokyo
Reporter: Georgina Lavers

J.P. Morgan is the depositary bank for a new Level 1 American Depositary Receipt programme following the 1 October merger of Nippon Steel Corporation and Sumitomo Metal Industries...

Kimberly-Clark joins Broadridge’s SWIFT messaging service
15 October 2012 New York
Reporter: Jenna Jones

Personal care company Kimberly-Clark has selected Broadridge to be its global service provider for international banking communications across the SWIFT financial messaging network...

Newedge hired as swap counterparty to EEA fund
15 October 2012 London
Reporter: Jenna Jones

Newedge has been appointed as swap counterparty to the EEA Diversified Trends fund...

RBC Investor Services to take care of Airlie Funds
15 October 2012 Sydney
Reporter: Georgina Lavers

RBC Investor Services has been mandated by Australian fund management company, Airlie Funds Management, to provide custody, unit registry and fund administration...

BMO picks Milestone Group for NAV control
15 October 2012 Toronto
Reporter: Georgina Lavers

The Bank of Montreal has selected Milestone Group’s pControl platform to automate the management and control of its NAV production...

BNY Mellon names Suri head of APAC intermediary distribution
15 October 2012 London and New York
Reporter: Jenna Jones

BNY Mellon has appointed Navin Suri as Asia-Pacific (APAC) head of intermediary distribution...

Darius Gill promoted at Northern Trust advisory group
12 October 2012 Illinois
Reporter: Georgina Lavers

Darius Gill has been promoted to managing director of the Foundation & Institutional Advisors group at Northern Trust, an investment advisory and asset servicing group...