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Bank of Georgia implements ProfitStars SMC Services
Bank of Georgia has implemented ProfitStars' Gladiator Social Media Compliance (SMC) Services to assist in proactively managing the risks associated with social media platforms.
Technology > Banking Technology > News
Technology > Banking Technology > News
BNY Mellon revamps loan administration service for hedge fund clients
BNY Mellon has enhanced its loan administration functionality to offer hedge funds and fund of hedge fund clients an automated solution with increased transparency.
Wealth & Assets Management > Hedge Funds > News
Wealth & Assets Management > Hedge Funds > News
SunTrust Banks, First Data extend merchant services partnership
SunTrust Banks, a Georgia-based financial services holding company, and First Data have extended their merchant services partnership, SunTrust Merchant Services.
Technology > Banking Technology > News
Technology > Banking Technology > News
LGT Capital to buy 30% stake in QUANTIS Investment
LGT Capital Management, a subsidiary of Liechtenstein-based asset manager LGT Group, has agreed to buy a 30% monority stake in QUANTIS Investment Management from BROKERNET Investment Holding for an undisclosed sum.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
FINRA fines Merrill Lynch $1m for failing to arbitrate disputes with employees
The Financial Industry Regulatory Authority (FINRA) has fined Merrill Lynch, Pierce, Fenner & Smith $1m for failing to arbitrate disputes with employees relating to retention bonuses.
Policies & Regulatory Compliance > News
Policies & Regulatory Compliance > News
SEI Investments Q4 profit declines 29%
SEI Investments Company has reported a net income of $44.4m, or $0.25 diluted earnings per share, for the fourth quarter of 2011, compared to $62.4m, or $0.33 diluted earnings per share, for the same period in 2010.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
New York Community Bancorp Q4 net income drops
New York Community Bancorp has reported a net income of $117.65m, or $0.27 diluted earnings per share, for the fourth quarter of 2011, compared to $149.83m, or $0.34 diluted earnings per share, for the same period in 2010.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
Barclays hires head of cash management for Germany
Barclays has hired Frank Hofmann as head of cash management for Germany within its corporate banking team.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
BlackRock unveils multi asset income fund
BlackRock has introduced Multi-Asset Income Fund (BAICX), which provides a strategy for tapping the opportunities for diversified income around the world, across asset classes and within sectors.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
CNB Bank deploys Trusteer tool against financial malware
CNB Bank, a subsidiary of CNB Financial Corporation, has deployed Trusteer Rapport in response to increased potential for fraud related attacks against online banking customers.
Banking Services > Online Banking > News
Banking Services > Online Banking > News
ECB Bancorp names EVP, CAO
ECB Bancorp has named Lorie Runion as its executive vice president, chief administrative officer (CAO) and for the East Carolina Bank.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
Old National Bancorp to snap up Indiana Community Bancorp
Old National Bancorp has signed a definitive agreement to acquire Indiana Community Bancorp through a merger.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
Guggenheim launches new open-end mutual fund
Guggenheim Partners' investment management division Guggenheim Investments has launched a new open-end mutual fund offering Guggenheim Municipal Income Fund (GIJAX).
Wealth & Assets Management > Mutual Funds > News
Wealth & Assets Management > Mutual Funds > News
Radiant Investment Management implements Linedata Beauchamp
Canadian hedge fund Radiant Investment Management has implemented Linedata's portfolio management software Beauchamp.
Technology > Banking Technology > News
Technology > Banking Technology > News
Northern Trust to offer ETF administration service to Source’s ETF
Northern Trust has been selected to provide exchange traded fund (ETF) administration services to the LGIM Commodity Composite Source ETF, launched earlier in January 2012 by ETF provider, Source.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News