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SIX and Swisscom to launch Paymit solution
06 August 2015 Zurich
Reporter: Stephanie Palmer

SIX and telecoms provider Swisscom have announced they are working together, and with Swiss banks, to establish a single Switzerland-wide mobile payments solution, Paymit...

First RQFII approved in the Americas
06 August 2015 Toronto
Reporter: Stephanie Palmer

HSBC has become the first custodian bank in China to service a Canadian Renminbi Qualified Foreign Institutional Investor (RQFII)...

New global head of sales for Deutsche Boerse
06 August 2015 Frankfurt
Reporter: Stephanie Palmer

Deutsche Boerse has appointed Rob Jolliffe to the newly created role of global head of sales...

Portcullis launches Maltese AIFMD solution
05 August 2015 Valletta
Reporter: Stephanie Palmer

Malta-based Portcullis Asset Management is launching as a third-party alternative investment fund manager to help alternative funds in compliance with AIFMD...

Bank of America Merrill Lynch joins GMEX Exchange
05 August 2015 London
Reporter: Stephanie Palmer

Bank of America Merrill Lynch has announced that it will be a participant of GMEX exchange when it launches on 7 August...

John Hancock chooses Citi for custody
05 August 2015 New York
Reporter: Stephanie Palmer

John Hancock Group of Funds has chosen Citi to provide fund accounting services and global custody for 27 international US-registered mutual funds, representing assets of $29.1 billion...

Lombard Risk hires Lees as sales director
05 August 2015 London
Reporter: Stephanie Palmer

Lombard Risk has grown its senior management team by appointing Kieran Lees to the role of global sales and marketing director...

Trader jailed over LIBOR manipulation
04 August 2015 London
Reporter: Stephanie Palmer

The first person to be charged as part of the investigation in to LIBOR manipulation has been found guilty on eight counts of conspiracy to defraud and sentenced to 14 years in prison...

Nordic custody win for BNY Mellon
04 August 2015 Copenhagen
Reporter: Stephanie Palmer

BNY Mellon has been selected to provide custody and securities lending services for Danish insurance company Topdanmark A/S...

Industry bodies criticise ESMA passport delay
03 August 2015 London
Reporter: Stephanie Palmer

ESMA should be making faster progress in extending its pan-European passport to alternative investment fund managers in non-EU jurisdictions, according to the AIMA...

Carey Olsen promotes duo to partner
03 August 2015 Guernsey
Reporter: Becky Butcher

Carey Olsen has promoted Natasha Kapp and Tony Lane to partner, bringing the law firm’s total number partners to 45 across the British Virgin Islands, Cayman Islands, Guernsey and Jersey...

ForexClear and CLS collaborate on FX settlement
03 August 2015 London
Reporter: Stephanie Palmer

LCH Clearnet’s ForexClear is launching a new service, developed with CLS, to allow physical settlement of cleared foreign exchange (FX) products...