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SGSS Italy secures custody mandate from BSI Wealth Family
BSI Wealth Family SIM has appointed Societe Generale Securities Services in Italy to provide personalised custody and settlement services.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
MasterCard launches East African regional headquarters in Kenya
MasterCard has opened its official East African regional headquarters in Nairobi, Kenya, in a bid to liaise with its existing customers across the region and to serve as a launch pad for further expansion.
News
News
CME Group Q4 profit surges
CME Group has reported a net income of $745.9m, or $11.25 diluted earnings per share, for the fourth quarter of 2011, compared to $196.2m, or $2.93 diluted earnings per share, for the same period in 2010.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
Kiwibank selects Broadridge for enterprise-level reconciliation management
New Zealand-owned Kiwibank has selected Broadridge’s PROactive Reconciliation solution for automation of reconciliations and investigations at an enterprise level across all areas of the bank.
Technology > Banking Technology > News
Technology > Banking Technology > News
MasterCard Q4 net income falls
MasterCard has reported a net income of $19m, or $0.15 diluted earnings per share, for the fourth quarter of 2011, compared to $415m, or $3.16 diluted earnings per share, for the same period in 2010.
Banking Services > Payments > News
Banking Services > Payments > News
US Bank to acquire institutional trust, custody division of Union Bank
US Bancorp subsidiary, US Bank National Association has entered into a definitive agreement to purchase the institutional trust and custody division of Union Bank.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
MasterCard, KeyBank continue debit payment system deal
MasterCard has signed a new multi-year contract with Ohio-based KeyBank to deliver debit payment solutions and processing capabilities.
Banking Services > Payments > News
Banking Services > Payments > News
EC rejects Deutsche Borse, NYSE Euronext proposed merger
The European Commission has rejected the proposed merger between Deutsche Borse and NYSE Euronext.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
TMX Group to introduce new trading technology
Canadian stock exchange TMX Group is planning to introduce Quantum XA, an equity trading technology which is based on hardware acceleration.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
Ameriprise Financial Q4 net income decreases
Ameriprise Financial has reported a net income of $253m, or $1.08 diluted earnings per share, for the fourth quarter of 2011, compared to $280m, or $1.08 diluted earnings per share, for the same period in 2010.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
BNY Mellon Trust appoints new president
BNY Mellon has appointed Troy Kilpatrick as president of The Bank of New York Mellon Trust, a nationally chartered trust company.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Citi to offer hedge fund middle office services to Veritable
Citi has secured a mandate independently owned registered investment advisor Veritable to provide a comprehensive suite of hedge fund services including middle office, fund accounting, and investor services.
Wealth & Assets Management > Hedge Funds > News
Wealth & Assets Management > Hedge Funds > News
FINRA charges Charles Schwab for violating customer agreement rules
The Financial Industry Regulatory Authority (FINRA) has charged Charles Schwab & Company for violating FINRA rules by requiring its customers to waive their rights to bring class actions against the firm.
Policies & Regulatory Compliance > News
Policies & Regulatory Compliance > News
SEC charges former Credit Suisse investment bankers over subprime bond pricing
The Securities and Exchange Commission (SEC) has charged four former Credit Suisse investment bankers and traders for fraudulently overstating the prices of $3bn in subprime bonds during the credit crisis period.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
NASDAQ OMX Q4 profit declines
NASDAQ OMX Group has reported a net income of $82m or $0.45 diluted earnings per share, for the fourth quarter of 2011, compared to $137m, or $0.69 diluted earnings per share, for the same period in 2010.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News