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Northern Trust names head of Middle East
Northern Trust, a US based provider of asset management services, has named Sheldon Woldt as head of the Middle East.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
TradeKing, Zecco agree to merge, float new entity
TradeKing and Zecco, the online brokerages, have signed an agreement, pursuant to which both firms will integrate their operations.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
Goldman Sachs acquires Dwight Asset Management
Goldman Sachs Asset Management (GSAM) has acquired Vermont-based stable value money manager Dwight Asset Management from Old Mutual Asset Management for an undisclosed sum.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Evertec reports 9% rise in Q1 revenues
Spanish payment processor Evertec reported that its revenues for the first quarter of 2012 rose by 9% to 82.5m compared to revenues of $75.8m during the corresponding quarter last year.
Banking Services > Payments > News
Banking Services > Payments > News
Canada introduces mobile payment guidelines
Canadian Bankers Association (CBA) has launched a set of voluntary, secure, open guidelines, called ‘Mobile Reference Model’, for the development of mobile payments at point-of-sale in Canada.
Banking Services > Online Banking > News
Banking Services > Online Banking > News
CIBC, Rogers to introduce joint mobile payment solution in Canada
CIBC and Rogers Communications have struck a deal to introduce a joint mobile payment solution, enabling users to pay with their CIBC credit card at the checkout counter using their Rogers "Near Field Communications" (NFC) enabled smartphone.
Banking Services > Online Banking > News
Banking Services > Online Banking > News
Sterne Agee picks up Portfolio Pathway wealth reporting solution
UK based brokerage firm Sterne, Agee & Leach has chosen Portfolio Pathway, to provide portfolio reporting services, including wealth reporting and billing to its subsidiary, Sterne Agee Financial Services (SAFS).
News
News
ANZ to invest additional $300m in China
Australia and New Zealand Banking (ANZ) has unveiled its plans to invest additional A$300m (RMB2bn) in its locally incorporated subsidiary in China (ANZ China) to support its continued growth.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Grandpoint Bank appoints new executive vice president, director
Grandpoint Bank has selected Jeff Boyer as executive vice president and director of corporate banking to support the expansion of corporate banking capabilities throughout the Bank.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Lloyds hires Andrew Bester as new CEO for wholesale banking
Lloyds Banking Group has hired Andrew Bester, a Standard Chartered banker, as new chief excutive officer of its wholesale banking operations.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
RBS implements Open Payment Framework from Clear2Pay
Royal Bank of Scotland (RBS) has picked payment solutions Open Payment Framework (OPF) from Clear2Pay for its payments services for SEPA, including over 18 international RBS branches and its chosen FI clients and partner banks.
Technology > Banking Technology > News
Technology > Banking Technology > News
Qatar National Bank signs TSYS to obtain license of PRIME 4
Qatar National Bank (QNB) has inked an agreement with TSYS to get the license for PRIME 4, the latest version of TSYS’ card and merchant management solution.
Technology > Banking Technology > News
Technology > Banking Technology > News
MasterCard appoints new chief payment system integrity officer
MasterCard Worldwide has selected Nancy O’Malley, as chief payment system integrity officer, effective 29 May 2012, who will report to Noah Hanft, MasterCard general counsel and chief franchise integrity officer.
Banking Services > Cards > News
Banking Services > Cards > News
AllianceBernstein hires new CFO
US-based investment management firm AllianceBernstein has appointed John Weisenseel as its new CFO.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Northern Trust wins GBP345m mandate from Nesta Trust
Northern Trust has won a GBP345m mandate from The Nesta Trust to provide custody and related services.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News