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J.P. Morgan bolsters investor services team
29 July 2016 Dublin
Reporter: Drew Nicol

J.P. Morgan has continued its recent recruitment drive by luring away another senior figure from Quintillion to join its investor services business...

MUFG adds ’40 Act fund servicing to its portfolio
29 July 2016 New York
Reporter: Drew Nicol

MUFG Investor Services is set to acquire Guggenheim Investements’s 1940 Act mutual fund administration business, Rydex Fund Services, for an undisclosed fee...

Dubai bank chooses Nasdaq for GRC
28 July 2016 Dubai
Reporter: Stephanie Palmer

Dubai Islamic Bank has opted for Nasdaq’s Bwise enterprise governance, risk management and compliance solution...

KCG expands in Europe with Neonet acquisition
28 July 2016 Stockholm
Reporter: Stephanie Palmer

KCG Holdings, the US securities trading firm, is improving its presence in Europe with the acquisition of Neonet Securities, an execution service provider based in Stockholm...

SS&C wins advisory mandate
28 July 2016 London
Reporter: Stephanie Palmer

Alpima, a London-based advisory firm, has selected SS&C’s Advent Portfolio Exchange (APX) and Moxy solutions to support its digital advisory programme...

State Street settles FX fraud allegations
27 July 2016 Boston
Reporter: Stephanie Palmer

State Street will stump up at least $382.4 million to settle allegations it deceived custody clients through fraudulent foreign exchange (FX) practices...

Ben Brownette joins Northern Trust
27 July 2016 Sydney
Reporter: Becky Butcher

Northern Trust Capital Markets has appointed Ben Brownette as a research analyst for its Sydney office...

Blom Bank selects new operational risk solution
27 July 2016 Beirut
Reporter: Becky Butcher

Lebanese institution Blom Bank has chosen Wolters Kluwer to provide its OneSumX operational risk software solution...

New senior appointments for Apex
27 July 2016 London
Reporter: Becky Butcher

Apex Fund Services has appointed three new senior staff members from KPMG, State Street and J.P. Morgan...

New mandate for Euroclear-DTCC collaboration
27 July 2016 London
Reporter: Stephanie Palmer

Northern Trust has adopted the margin settlement service offering of GlobalCollateral, the joint venture between Euroclear and the Depository Trust & Clearing Corporation...

Harwood-Jones to head new securities services team
26 July 2016 Singapore
Reporter: Stephanie Palmer

Standard Chartered has created a new global securities services business line within its transaction banking segment, and appointed Margaret Harwood-Jones to lead it...

FCA issues guidance on cloud-related risk
26 July 2016 London
Reporter: Stephanie Palmer

Financial services firms remain responsible for their own regulatory compliance, and should conduct due diligence when using ‘cloud' technology, according to new guidance from the FCA...