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BNY Mellon to snap up Penson's Australian ops
28 November 2011 Dallas
Reporter: Anna Reitman

Penson Worldwide has announced the sale of its Australian subsidiary to BNY Mellon for some $32 million...

Phoenix Fund Services appoints new non-execs
28 November 2011 London
Reporter: Anna Reitman

Phoenix Fund Services has announced the appointment of Theodore Agnew and Peter Little as non-executive directors of Phoenix Administration Services...

Advent strengthens professional services team
27 November 2011 San Francisco
Reporter: Justin Lawson

Advent Software has more than doubled the number of certified project management and consulting team members supporting clients in Europe, the Middle East and Africa during the past 12 months. The team now includes....

MF Global missing funds "probably just gone"
26 November 2011 New York
Reporter: Anna Reitman

Missing client funds from bankrupt FCM, MF Global, now estimated at $1.2 billion, might not be recovered if customer funds were not backed by collateral ...

SocGen taps Bruno Prigent to head new exec committee
26 November 2011 Paris
Reporter: Anna Reitman

Societe Generale Securities Services (SGSS) has established an executive committee responsible for strategy and development to be headed by Bruno Prigent, global head of SGSS...

Citi appointed by Da Cheng for fund administration
26 November 2011 Hong Kong
Reporter: Anna Reitman

Citi’s Securities and Fund Services has been appointed fund administrator for Da Cheng International Asset Management (DCIAM), one of the top ten largest firms in China...

BNP Paribas wins outsourcing mandate with Spanish bank
26 November 2011 London
Reporter: Anna Reitman

Banco Popular Español has selected BNP Paribas to provide outsourcing services for the Spanish bank's back office operations...

J.P. Morgan gets Middle East PE fund mandate
26 November 2011 London
Reporter: Anna Reitman

J.P. Morgan Worldwide Securities Services (WSS) has announced its appointment by Gulf Capital Equity Fund Associates to provide private equity fund administration services for a late stage fund...

Thibaud de Maintenant becomes global head at DB
25 November 2011 London
Reporter: Ben Wilkie

Deutsche Bank today announced appointed Thibaud de Maintenant as Global Head of Direct Securities Services (DSS) within its Global Transaction Banking division...

NAB extends NZ profile
25 November 2011 Auckland
Reporter: Ben Wilkie

The asset servicing business of National Australia Bank has signed a memorandum of understanding with MMc, a specialist fund and investment administration business...

Ogier Fund Services implements Investran
24 November 2011 London
Reporter: Justin Lawson

Ogier has selected SunGard’s Investran to support the firm’s private equity administration needs....

Stillabower departs HSBC
24 November 2011 London
Reporter: Ben Wilkie

Paul Stillabower and Mike Martin are leaving HSBC Securities Services to pursue other opportunities within the industry, according to reports...