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FHLB Chicago selects J.P. Morgan for custody services
17 August 2011 New York
Reporter: Anna Reitman

J.P. Morgan Securities Services has announced that it will provide custody services for...

European DC pension market to grow – Cerulli
17 August 2011 London
Reporter: Anna Reitman

European asset managers should be taking a long look at the corporate direct contribution (DC) market...

Milani moves in HedgeServ
17 August 2011 New York
Reporter: Justin Lawson

HedgeServ has appointed senior business development executive Farnaz Milani as Managing Director in its sales team. Milani will be responsible for building relationships and report directly to Jim Kelly, Chairman of HedgeServ...

BNY Mellon to cut global workforce by 1,500
17 August 2011 New York
Reporter: Anna Reitman

BNY Mellon will be reducing its workforce by around 1,500 positions...

CCB picks BNY Mellon for QDII fund
17 August 2011 Beijing
Reporter: Anna Reitman

BNY Mellon has been selected by China Construction Bank as the global custodian...

Eurex Group's IT infrastructure handles volatile markets
16 August 2011 Eschborn
Reporter: Anna Reitman

The enormous increases in contract and quote volume on Eurex Exchange in the last two weeks has been a stress test of market integrity for the Group's IT infrastructure...

JPM narrows gap between trade instruction and market deadlines
15 August 2011 New York
Reporter: Anna Reitman

J.P. Morgan has announced improvements in trade instruction deadlines across some 80 markets in its global custody business...

RBC Dexia wins Carvetian mandate
15 August 2011 London
Reporter: Ben Wilkie

Carvetian Capital Management has selected RBC Dexia to provide global custody services to its UK authorised funds...

SocGen selects Lombard Risk for collateral management
12 August 2011 London
Reporter: Anna Reitman

Lombard Risk has announced that Societe Generale will be using its consolidated platform, Colline, for OTC derivatives, repo and securities lending collateral management...

J.P. Morgan Clearing upgraded by S&P
11 August 2011 New York
Reporter: Anna Reitman

J.P. Morgan's broker-dealer subsidiary has been upgraded one notch by Standard & Poor's...

BNY Mellon appoints country executive in Mexico
11 August 2011 New York
Reporter: Anna Reitman

BNY Mellon has appointed Diego Folino as the company's country executive in Mexico...

Penson Worldwide to sell London-based financial services arm
11 August 2011 Dallas
Reporter: Anna Reitman

Penson Worldwide has announced its intent to sell Penson Financial Services (PFSL) in London in a bid to return to profitability and shed costs after a disappointing quarter...