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FATCA prompts Americans to consider relinquishing citizenship
22 October 2012 New York
Reporter: Georgina Lavers

American citizens who live outside the United States are increasingly considering renouncing their US citizenship as Washington prepares to roll out FATCA, said the chief executive of a financial advisory firm...

Standard Chartered announces new North East Asia head
22 October 2012 Singapore
Reporter: Georgina Lavers

Standard Chartered has appointed Sridhar Kanthadai as its new regional head of transaction banking for North East Asia. Sridhar is based in Hong Kong and formally assumed his new position on 15 October 2012...

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...

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...

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...

RBC to take care of Gibraltar’s IIG Financial Services
11 October 2012 London
Reporter: Georgina Lavers

RBC Investor Services has been mandated by IIG Financial Services to provide the private wealth manager with custody and foreign exchange services...

NAB Asset Servicing and Deutsche Bank partner up
09 October 2012 Melbourne
Reporter: Georgina Lavers

NAB’s asset servicing business has formed a strategic alliance with Deutsche Bank’s equities arm, Deutsche Securities Australia...

Kennedy heads up KRFS San Fran office
05 October 2012 San Francisco
Reporter: Jenna Jones

Fund administrator, Kaufman Rossin Fund Services (KRFS) has hired Mike Kennedy to lead the continued expansion of their San Francisco office...

Cinnobar recruits head of sales for new monitoring service
02 October 2012 Stockholm
Reporter: Mark Dugdale

Trading and clearing venue provider Cinnober Financial Technology has hired Michael Grecoff as head of sales for its recently launched trade monitoring service, Scila Compliance...

Aviva signs ten year deal with Citi
01 October 2012 London
Reporter: Georgina Lavers

Aviva and Citi have signed a 10 year deal for the administration of Aviva’s retail wrap platform. The agreement, said a statement, signals Aviva’s...

BNY Mellon appointed as depositary by Standard Bank
01 October 2012 New York
Reporter: Georgina Lavers

BNY Mellon has been appointed by Standard Bank as depositary for its sponsored American Depositary Receipt (ADR) programme. Previously, the South African bank...

Citi’s Banamex unit branches out
20 September 2012 Mexico
Reporter: Jenna Jones

Citi’s Banamex unit has expanded its global custody and fund administration services to pension fund management companies (Afores) in Mexico...