Headlines

 

 

07NOV08: BNP Paribas to establish Indian JV with Sundaram

06NOV08: BNPP's securities services division reports EUR127m loss

04NOV08: Citi appointed by Fortelus to administer distressed debt fund

04NOV08: John Gruber joins BNY Mellon to run P&A product line

04NOV08: Euroclear completes Nordic CSD acquisition

30OCT08: RBC Dexia strengthens Asia Pacific client team

30OCT08: Northern Trust wins wealth management mandate from Broadway Bank

29OCT08: BNY Mellon wins Taiwanese mandate

29OCT08: Northern adopts FpML for OTC derivatives trade processing

28OCT08: Northern to take US Treasury capital injection of USD1.5bn

24OCT08: Richard Hale quits J.P. Morgan to join RBC Dexia

24OCT08: BNP Paribas launches new client portal

23OCT08: Northern Trust reports large loss in third quarter

23OCT08: Nicole Best joins BBH

22OCT08: KAS BANK reports further losses in third quarter

21OCT08: Tom Perna joins Quadriserv as CEO

21OCT08: BNY Mellon strengthens MEA management team

20OCT08: Optimum chooses RBC Dexia for new pooled funds

20OCT08: Conifer works with J.P. Morgan to launch PB service

17OCT08: BNY Mellon reports rise in securities processing fees

17OCT08: RBC Dexia opens operations hub in Malaysia

16OCT08: State Street reports strong third-quarter operating performance

16OCT08: HSBC reorganises MENA management team

16OCT08: Northern appoints Steve Quigley for EMEA process management

16OCT08: BNY Mellon completes client portal integration

16OCT08: Northern upgrades cash reporting with Clearwater

15OCT08: BNY Mellon wins US Treasury TARP mandate

15OCT08: State Street to announce third-quarter earnings today

13OCT08: BNY Mellon promotes Eric Kamback to head treasury services

08OCT08: State Street confirms appointment of Gunjan Kedia

08OCT08: Richard Barrett joins IFDS to run client admin

03OCT08: BNY Mellon wins EUR38bn Eureko mandate

01OCT08: Collas replaced as head of global investment management and services at SocGen

01OCT08: A Plus Finance awards PEq fund servicing mandate to BNP Paribas

30SEP08: Northern Trust announces USD328m after-tax charges on cash funds

30SEP08: KAS BANK finds a new CFO

30SEP08: BNY Mellon appoints new Iberian head

29SEP08: BNY Mellon to take USD425m charge on cash funds

29SEP08: Fortis rescued by Benelux governments

29SEP08: Fortis Prime Solutions appoints Philip Craig to senior client role

29SEP08: BNP Paribas wins Fidelity mandate in France

29SEP08: Citi shakes up FI sales team

19SEP08: KAS BANK announces losses on Lehman portfolio

19SEP08: RBC Dexia appoints Padraig Kenny to head Ireland

19SEP08: Deutsche Bank signs custody deal with Dubai Financial Market

19SEP08: Citi wins US mandate from Erste Group Bank

19SEP08: IFDS buys stake in Percana

16SEP08: Jörg Debé to run relationship management for SGSS in Germany

15SEP08: Citi's Alan Cameron to take senior client role at BNP Paribas

15SEP08: Jon Anderson to head OTC derivatives at GlobeOp

15SEP08: SEI wins turnkey appointment from Nicholas Investment Partners

15SEP08: ADX signs custody deal with Deutsche Bank

10SEP08: Dan Wywoda steps up as Gunjan Kedia quits BNY Mellon

10SEP08: SocGen gets a green light for Indian joint venture

05SEP08: Citi adds two managers to hedge fund services team

05SEP08: BNY Mellon hires Robert Rupp from J.P. Morgan for senior risk role

03SEP08: SocGen opens Hong Kong office

03SEP08: RBC Dexia hires two sales directors in UK

03SEP08: J.P. Morgan to integrate Measurisk within investor services

03SEP08: HSBC to offer alternative fund services in Australia

28AUG08: Investec hands GBP3.5bn TA mandate to RBC Dexia

28AUG08: State Street opens Middle East office in Doha

28AUG08: Northern Trust improves fixed income attribution service

27AUG08: State Street reaches USD100bn in PEq assets under administration

27AUG08: Citisoft appoints Ian Mainwaring to lead alternatives practice

26AUG08: Vontobel Asset Management moves EUR11bn fund portfolio to RBC Dexia

26AUG08: HSBC appoints Ritesh Singh as head of Asia Pacific regulatory affairs

22AUG08: State Street launches OTC derivatives processing platform

22AUG08: Northern Trust hires Martin Korst as senior RM in the Netherlands

21AUG08: David Puth joins State Street as global head of investment research, securities finance and trading

21AUG08: Jason Conway leaves ICFA to join RBC Dexia

20AUG08: Gulf Reinsurance selects BNY Mellon for global custody

15AUG08: BNY Mellon wins Privredna Banka global custody mandate

13AUG08: L&G appoints Northern Trust to administer new multi-manager product

13AUG08: BNY Mellon launches GIPS reporting solution for composites

12AUG08: Lee Waite replaces Andrew Gelb as Citi's global head of intermediary services

08AUG08: Northern Trust hires Carl Lingenfelter for new strategy role

08AUG08: Gert Rautenberg joins BBH as global head of transfer agency

07AUG08: Sun Life of Canada appoints State Street for USD15bn UK mandate

07AUG08: Co-Op Pension Scheme consolidates with BNY Mellon

07AUG08: JPMorgan opens private equity operation in Jersey

06AUG08: Fulcrum to merge with Butterfield Fund Services

06AUG08: IFDS signs outsourcing deal for Norwich Union's collective funds

06AUG08: Northern Trust launches FAS 157 toolkit

06AUG08: SEI wins USD1.7bn administration outsourcing contract from Frost

05AUG08: Phil Ludgate joins RBC Dexia as product management head

05AUG08: BNY Mellon automates OTC derivatives trade capture

04AUG08: Northern adds three managers to EMEA fund services team

01AUG08: Lazard outsources investment operations to State Street

01AUG08: BNY Mellon wins complex GTAA mandate from APG Investments

01AUG08: BNP Paribas appoints Cuminet as global head of TA

01AUG08: Citi launches consolidated account structure for Euronext markets

01AUG08: HSBC wins USD500m Kuwaiti private equity servicing mandate

01AUG08: Bangkok Bank appoints BNY Mellon as global custodian

01AUG08: SocGen launches securities lending performance service

01AUG08: Michel Sidier appointed as head of BNY Mellon's Istanbul office

01AUG08: Northern promotes Matt Severs to head of NA consultant relations

01AUG08: Citi enhances online SMA services

18JUL08: Geoff Pullen joins alternative funds team at BNP Paribas

16JUL08: Tom Zeeb quits Clearstream to join Swiss Financial Market Services

16JUL08: BBH adds four seniors to securities lending team

16JUL08: BNP Paribas hires Joseph Laclautre as product sales specialist

16JUL08: BNY Mellon launches 130/30 universe

15JUL08: BNY Mellon wins USD4.4bn Innovest fund mandate

15JUL08: Brevan Howard appoints Northern Trust for second Guernsey fund mandate

15JUL08: PFPC changes its name to PNC Global Investment Servicing

14JUL08: Euroclear makes senior management changes

14JUL08: Three Swiss cantonal banks outsource securities data management

14JUL08: Florence Chua joins Northern Trust as head of Singapore operations

10JUL08: RBC Dexia signs accounting outsourcing deal with AEGON Canada

09JUL08: Citi adds more clients to OpenPrime platform

09JUL08: Jill Considine appointed as chairman of Fulcrum

09JUL08: KAS offers GCM access to Austria

08JUL08: CIBC Mellon wins City of Surrey mandate

08JUL08: Maarten Roeleveld joins Northern Trust for Dutch sales

04JUL08: Northern wins Auda FOHF servicing mandate

04JUL08: Claude Noesen joins Fortis Prime Solutions from HSBC

03JUL08: JPMorgan signs pooling agreement with Shell

03JUL08: Michael Wu leaves State Street to join Northern in Beijing

02JUL08: KAS BANK confirms acquisition of Delta Lloyd's German administrator

02JUL08: Cofunds appoints Brett Williams as chief executive

01JUL08: SocGen announces new management structure

01JUL08: BNY Mellon opens in DIFC

01JUL08: Chartwell signs for IFDS hosted service

30JUN08: Bestinvest hires BNP Paribas for OEIC servicing

26JUN08: Steve Bowman to leave Citi

26JUN08: C Hoare appoints Cofunds for investment fund admin

26JUN08: BNY Mellon hires Rex Wong from State Street

26JUN08: Stephanie Saunders joins Northern to run infrastructure admin team

26JUN08: BNY Mellon and Wilshire extend alliance

23JUN08: HSBC restructures fund services management team

23JUN08: John Sin joins BNY Mellon in Asia

20JUN08: RBC Dexia to service new fund family for Brickburn

20JUN08: BNY Mellon strikes first Korean equity tri-party deal

20JUN08: Northern Trust delivers trust solution to Alpine Bank

19JUN08: Ross Whitehill to run EMEA offshore services for BNY Mellon

19JUN08: Jim Clark returns to State Street from JPMorgan

19JUN08: JPMorgan wins ACC custody mandate in Australia

19JUN08: Angelo Calvitto joins Northern Trust in Melbourne

19JUN08: JPMorgan wins contract with East Timor central banking authority

19JUN08: Northern Trust to administer USD1.5bn portfolio for Puerto Rico

13JUN08: Renyi to step down early as executive chairman of BNY Mellon

12JUN08: Hermes appoints Northern Trust for major custody and administration mandates

11JUN08: BNP Paribas to buy BoA's prime brokerage business

11JUN08: State Street consolidates alternative servicing businesses

11JUN08: JPMorgan enhances collateral management service

10JUN08: BNY Mellon wins Fortune SGAM QDII mandate

10JUN08: SNS REAAL signs outsourcing letter of intent with KAS

10JUN08: Deutsche Bank extends custody network to Portugal

06JUN08: SocGen strikes JV deal with State Bank of India

06JUN08: BNY Mellon wins further ETF servicing work from WisdomTree

05JUN08: Michael Faester joins BNY Mellon from Nordea

05JUN08: Thames River signs up for Northern's daily risk monitoring service

04JUN08: Citi wins Aberdeen's US fund administration mandate

04JUN08: SocGen launches Greek clearing service

04JUN08: JPMorgan expands fund services operations in Boston

03JUN08: SocGen strengthens grip on French real estate market

03JUN08: Eaton Vance goes live with Eagle platform

03JUN08: Euroclear signs MoU to buy Nordic CSDs

03JUN08: CIBC Mellon wins Macquarie mandate

03JUN08: IFDS launches ACD fund hosting service

03JUN08: Northern to use Pendo Systems for insurance accounting

02JUN08: Bruce Van Saun quits as BNY Mellon CFO

02JUN08: Northern Trust wins Hargreaves Lansdown funds of funds mandate

02JUN08: BNP Paribas goes live in Poland and Hungary

02JUN08: Catholic Health East appoints BNY Mellon for custody and securities lending

02JUN08: State Street buys SSISearch

02JUN08: Northern enhances trade communications via PassportLink

22MAY08: WestLB Mellon AM appoints BNY Mellon to service Luxembourg fund

22MAY08: Stan Shelton retires from State Street

22MAY08: Douglas Gee joins Northern as head of UK & Ireland pension fund sales

21MAY08: VenGrowth replaces RBC Dexia with CIBC Mellon for five investment funds

21MAY08: BNP Paribas launches private label solution for UK SIPPs

20MAY08: HSBC wins Canara Robeco fund administration mandate in India

19MAY08: Royal Liver extends mandate with BNY Mellon

16MAY08: SWIFT appoints Chris Church as global head of securities

16MAY08: Mark Del Col joins LaCrosse as global head of sales and marketing

15MAY08: Swisscanto hands EUR16bn Luxembourg mandate to RBC Dexia

14MAY08: Impax Asset Management appoints BNP Paribas for fund servicing

13MAY08: BNY Mellon acquires fund of hedge funds administrator

12MAY08: BNY Mellon appoints Chris Sturdy as head of Asia Pacific

12MAY08: Susan Pike to lead market products and services group for RBC Dexia

12MAY08: JPMorgan extends SRI reporting services

12MAY08: Deutsche Bank completes integration of Garanti Bank in Turkey

12MAY08: State Street buys Deutsche Bank's Swiss fund accounting business

12MAY08: Clearstream poaches Toshio Akiba from Euroclear in Tokyo

12MAY08: State Street signs for major processing centre in Poland

01MAY08: Jay Hooley appointed as president and COO of State Street

01MAY08: SocGen appoints Pascal Bérichel as head of fund distribution services

30APR08: BNY Mellon wins USD1.2bn Silicon Valley mandate

29APR08: SocGen completes migration of Pioneer's Luxembourg funds

25APR08: Graeme Perry joins BNP Paribas as global head of agency lending

25APR08: BNY Mellon adds two managers to securities lending team

24APR08: HSBC strikes fund administration deal with ICICI Prudential in India

24APR08: Mike Jenks joins Northern Trust as relationship manager

22APR08: Andrew Gelb appointed to lead Citi's EMEA securities and fund services business

22APR08: CACEIS appoints Philippe Bens as MD of CACEIS Fastnet in Switzerland

22APR08: Northern Trust promotes Daswani to run international securities lending client relationships

22APR08: Eagle opens Asia Pacific office in Australia

18APR08: Mellon Transition Management makes senior management appointments

15APR08: Karen Tyrrell steps up as Ronan Daly leaves Citi

15APR08: Northern Trust wins Hawaii mandate

15APR08: BNY Mellon wins ETF servicing mandate for RevenueShares

15APR08: Silver Creek outsources operations to SEI

15APR08: SWX Europe appoints Mark Ryland as COO

15APR08: Eric Pouwels promoted to MD of Northern's Dutch office

11APR08: Northern Trust hires John Folk for senior investor services role in Canada

10APR08: Northern Trust signs hedge fund outsourcing deal with Julius Baer

10APR08: BNY Mellon hires Mark Higgins for EMEA collateral management sales

10APR08: State Street adds Michigan Employees to public fund client roster

09APR08: Paul Cutts to head Northern's Melbourne office

09APR08: Kathy Cuocolo takes senior role at BNY Mellon

08APR08: Miskovic takes up new risk role at State Street

08APR08: Northern Trust wins USD15bn mandate from Handelsbanken

08APR08: CIBC Mellon wins Zechner administration mandate

02APR08: Simon Shapland promoted to European role at RBC Dexia

02APR08: Northern Trust opens rep office in Abu Dhabi

02APR08: SocGen closes Capitalia deal for EUR195m

01APR08: BNY Mellon wins USD9.5bn endowment mandate

31MAR08: Steve Potter returns to Chicago to head NTGI

27MAR08: JPMorgan to acquire Nordea's institutional custody business

27MAR08: Flanagan joins BNY Mellon to run European private equity services

26MAR08: Patrick Colle confirmed as replacement for Tony Solway at BNP Paribas

26MAR08: Hudson-Lund steps up to CEO at IFDS

26MAR08: JPMorgan appointed by Peru's CSD for global custody

26MAR08: State Street and IFDS win servicing contracts for Rensburg's UK unit trusts

26MAR08: Northern wins pension plan custody mandate from Lincoln Financial Group

25MAR08: BNY Mellon launches alternative servicing products for pensions and endowments

20MAR08: BNY Mellon wins NorthPointe outsourcing mandate

20MAR08: HSBC reorganises EMEA sales team

20MAR08: BBH wins PowerShares India ETF mandate

20MAR08: Northern hires Stephanie Howell from JPMorgan

14MAR08: Tony Solway to leave BNP Paribas?

14MAR08: JPMorgan wins LPFA alternative funds outsourcing deal

13MAR08: Nedergaard quits Northern to run Nordic sales at State Street

13MAR08: State Street acquires FinancialSockets

13MAR08: BNY Mellon shines in R&M Custody Survey

11MAR08: BNY Mellon wins EUR1bn O2 mandate

11MAR08: Jon Dunham joins Northern Trust to run North American sales

11MAR08: IFDS to service Lord Abbett OEICs

10MAR08: IPCRe appoints BNY Mellon for USD2.5bn portfolio

10MAR08: Wynne appointed as CEO of PFPC

10MAR08: Euroclear hires Colaes as head of project delivery services

10MAR08: KAS BANK launches sellside outsourcing service

06MAR08: BNY Mellon wins UCITS III mandate from Delaware Investments

06MAR08: Devon County Council consolidates with JPMorgan

06MAR08: State Street hires two from Northern for US public funds team

06MAR08: Cheviot signs with Cofunds for fund custody

03MAR08: State Street expands relationship with ScotiaBank

03MAR08: PFPC opens office in Poland

26FEB08: Northern adds senior management to Asia Pacific team

22FEB08: BNY Mellon wins ETF servicing mandate for GreenHaven

20FEB08: Old Mutual selects BNY Mellon for USD5bn US mutual fund mandate

19FEB08: PSigma Asset Management appoints BNY Mellon for admin services

15FEB08: First American expands relationship with BNY Mellon

14FEB08: RBC Dexia wins CAD1.6bn mandate from Genus

14FEB08: Mark Davies quits HSBC after 30 years to join Standard Chartered

13FEB08: Halifax Herald hires CIBC Mellon to service pension fund

13FEB08: BNP Paribas changes Turkish partner

12FEB08: SG agrees to buy Capitalia's securities services business from UniCredit

12FEB08: Citi hires Satvinder Singh from HSBC to run EMEA clearing and sub-custody services

12FEB08: Kate Colchester joins BNY Mellon's Asia hedge fund services team

11FEB08: Deutsche Bank hires four managers for London securities clearing business

07FEB08: State Street and Boston Financial win Fifth Third funds servicing mandate

07FEB08: BNY Mellon wins USD4.5bn custody mandate from Banco Central de Uruguay

07FEB08: Northern adds further strength to North American fund services team

07FEB08: BNY Mellon wins EUR219m Dutch mandate

06FEB08: Bill Tyree steps up to head investor services in Brown Brothers reorganisation

01FEB08: Deutsche Bank buys US-based hedge fund administrator

01FEB08: Northern Trust expands in Limerick

01FEB08: Northern Trust adds liability benchmarking to performance products

31JAN08: BNY Mellon chooses Eagle over Netik as data management platform

30JAN08: State Street wins USD50bn mandate from UK's Pearl Group

30JAN08: Citi launches custody services in Kazakhstan

30JAN08: Euroclear upgrades Hong Kong office and opens in Beijing

29JAN08: State Street wins additional USD20bn of Columbia funds

29JAN08: Northern Trust adds FoHF functionality

29JAN08: BNY Mellon expands ETF relationship with WisdomTree

25JAN08: State Street appoints David Gutschenritter as treasurer

25JAN08: Deutsche Bank and Euroclear launch carbon trading products

25JAN08: KAS BANK's CFO to stand down in September

24JAN08: Graham Capital Management selects SEI for outsourcing contract

24JAN08: State Street to run commission sharing agreements for SWIP

24JAN08: Gutmann appoints BNY Mellon for US equity trading services

22JAN08: RBC Dexia wins Close mandate in the UK

21JAN08: Tony Carey joins State Street to oversee European product development

21JAN08: BNY Mellon wins fund accounting mandate from engage Mutual

16JAN08: State Street profits from fixed-income volatility

15JAN08: AustralianSuper selects JPMorgan for private equity administration

15JAN08: Cowen Asset Management awards outsourcing contract to BNY Mellon

11JAN08: David Moffat joins IFDS to lead UK business development

10JAN08: BNY Mellon wins USD7bn Arizona mandate

09JAN08: SG appoints Andrew Duffin to UK sales role

09JAN08: CACEIS completes acquisition of HVB's custody business

03JAN08: Bill Hunt leaves SSgA as State Street takes USD279m charge

20DEC07: BNY Mellon completes acquisition of ABN AMRO Mellon

20DEC07: Northern appoints new head of Asia Pacific sales

19DEC07: Citi wins USD12bn mandate from Norway's Eksportfinans

18DEC07: AXA Australia expands relationship with RBC Dexia

18DEC07: JPMorgan sets up hedge fund servicing centre in Luxembourg

13DEC07: Citi wins more business from Banco Popolare

13DEC07: Jai Arya promoted at BNY Mellon to head of client management for Asia

11DEC07: CIBC Mellon wins admin mandate for Morguard real estate funds

11DEC07: Citi to provide international settlements for Romanian CSD

07DEC07: BNY Mellon fails to shine as HSBC holds top spot in R&M UK trustee/depositary survey

04DEC07: BNY Mellon wins new QDII mandate from China International

04DEC07: CACEIS completes acquisition of Olympia Capital

04DEC07: SocGen completes acquisition of Pioneer's German KAG business

04DEC07: Andrew Smith appointed head of Citi's North American business

30NOV07: HSBC hires two for fund services business development

30NOV07: Thomas Murray wins World Bank mandate

28NOV07: Sue Baines appointed as head of Northern's EMEA fund services sales team

28NOV07: State Street wins middle-market Dutch pension fund mandate

28NOV07: Citi launches direct clearing and custody in Morocco

26NOV07: Richard Hale confirmed as head of European AM sales for JPMorgan

23NOV07: Northern strengthens Nordic team

23NOV07: GlobeOp launches OTC processing solution for UCITS 3 funds

20NOV07: Maple-Brown Abbott appoints RBC Dexia for new Dublin funds

20NOV07: SocGen hires Jean Cadroy as director of information services

20NOV07: RBC Dexia wins custody and lending mandate for Cayman National Securities

19NOV07: State Street hires Caroline Carmichael from BBH

19NOV07: Sanjay Jayant to join HSBC as head of IFS product strategy

15NOV07: JPMorgan wins Michigan alternatives servicing mandate

15NOV07: RBC Dexia appointed by SEAMARK to service new mutual funds

15NOV07: Northern hires McDonough for US sales to not-for-profit sector

15NOV07: Advent makes senior EMEA appointments

15NOV07: Northern adds to EMEA sales and RM team

13NOV07: BNY Mellon wins asset management and custody mandates for China Southern QDII fund

13NOV07: Northern hires Anthony Stevens for EMEA client service role

13NOV07: HSBC appoints Colin Lunn to run business development for Asia fund services

13NOV07: Amicorp hires Claudio Cecchini from Citco as director of funds

13NOV07: Eagle hires John Legrand as head of EMEA and Asia operations

12NOV07: Digger Donahue to become managing partner at BBH

12NOV07: RBC Dexia wins administration mandate from Ark Fund Management

12NOV07: ICBC selects BBH for third Bank of China QDII fund

06NOV07: CIBC Mellon wins McLean fund administration mandate

06NOV07: BNY Mellon takes two admin mandates for Jessop Fund Managers

06NOV07: Jane Perry appointed as head of WSS for JPMorgan in Australia and NZ

02NOV07: Diana Chan leaves Citi to take up CEO role with EuroCCP

 

OTHER UPDATES:

 

16OCT08: Life after VaR and Other Market Challenges - there are great opportunities for custodians, if they have the courage.  See Analysis

29SEP08: The Line of Least Resistance - the regulatory response to short-selling is simplistic and wrong. See Analysis

20AUG08: Protecting the Fourth Estate - why a UK regulator needs to have its wings clipped.  See Analysis

05AUG08: Pushing on an Open Door - Custodians should take advantage of the fall of Bear. Will they? See Analysis

07JUL08: Making Size Pay - BNY Mellon delivers on one if its promises. See Analysis

23JUN08: Goodnight Mr Tom - Renyi was a deal-maker, but could he run a bank? See Analysis

03JUN08: Life in a Parallel Universe - J-P Marson does a grave disservice to BNP Paribas with his attention-seeking comments. See Analysis

09APR08: It's the Product, Stupid - Custodians need to do a better job of product management and development. See Analysis

04JAN08: Redemption Song - Custodians face more grief from clients in 2008. Are they fit enough to take it?  See Analysis

31OCT07: Heidi Plays Safe - JPMorgan's management should not be satisfied with more of the same from WSS. See Analysis

08OCT07: A Chance for Change - JPMorgan must take advantage of Mike Clark's resignation to come up with a new business model. See Analysis

03MAY07: Citi Wins the Consolation Prize - acquiring BISYS will help the bank to build a credible US administration business. See Analysis

12MAR07: The Buzz-Phrase Generator - Amaze your friends and colleagues with you mastery of the industry's language. See Analysis

06FEB07: Beantown Bonanza - State Street's deal to buy IFIN looks expensive, but the strategy makes a lot of sense. See Analysis

02JAN07: Survival of the Fittest - after a good 2006, are some custodians in danger of losing their independence? See Analysis

 

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