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Central Bank of Bangladesh loses head over heist
15 March 2016 Dhaka, Bangladesh
Reporter: Mark Dugdale

The head of the Central Bank of Bangladesh has quit over the theft of $101 million from the country’s overseas accounts through a cyber attack...

Russia and Turkey earn compliance gold standard
15 March 2016 Basel
Reporter: Drew Nicol

Russia and Turkey have been awarded the highest possible grade for their adherence to the Basel risk-based capital framework and the liquidity coverage ratio...

Commerzbank to use OpenGamma margining service
15 March 2016 London
Reporter: Mark Dugdale

Commerzbank is first sell-side client to sign up to OpenGamma’s new margining service ahead of the obligation to clear over-the-counter derivatives under EMIR...

SS&C acquires Citi alternatives business
14 March 2016 Windsor, Connecticut
Reporter: Stephanie Palmer

SS&C has completed its acquisition of Citi’s alternative investor services business, purchasing the business for approximately $321 billion...

NAB Asset Servicing appoints data provider
14 March 2016 Melbourne
Reporter: Stephanie Palmer

Thomson Reuters in Australia has been appointed to be the market data provider for custodian NAB Asset Servicing...

Custom House appoints J.P. Morgan execs
11 March 2016 Chicago
Reporter: Stephanie Palmer

Custom House Global Fund Services is expanding its North America sales and operations team, appointing senior figures from J.P. Morgan and JPMorgan Chase...

Invesco expands EMEA team
10 March 2016 Zurich
Reporter: Stephanie Palmer

Investment management company Invesco has appointed Henning Stein as new head of institutional marketing for EMEA...

ISE sells for $1.1 billion
10 March 2016 New York
Reporter: Stephanie Palmer

Nasdaq has agreed to acquire the options exchange operator International Securities Exchange (ISE) from Deutsche Börse Group for $1.1 billion...

Clearstream records flat figures for February
10 February 2016 Frankfurt
Reporter: Stephanie Palmer

Cleartstream has seen lacklustre results for February, with assets under custody remaining on par with last year, overall...

ALFI: Banks will survive UCITS V
10 March 2016 Luxembourg
Reporter: Stephanie Palmer

With UCITS V coming into force in a matter of weeks, banks are generally welcoming, and in some cases exceeding, requirements for the regulatory update, according to a panel...

Gill to head BNY Mellon’s investor solutions group
09 March 2016 New York
Reporter: Drew Nicol

BNY Mellon has named Christine Gill as head of its newly formed investor solutions group, within the bank’s asset servicing business...

ALFI: ESG is the future
09 March 2016 Luxembourg
Reporter: Stephanie Palmer

Responsible investment’s environmental, social and governance factors are rising in prominence in the fund industry, so much so that continued ignorance of them could be perilous, heard attendees of the ALFI Spring Conference...