Custody

BoNY Acquires Axe-Houghton Associates ADR Management Business

The Bank of New York announced that it has signed a definitive agreement to acquire the Core International ADR and Domestic Equity Index institutional investment management businesses of Axe Houghton Associates, Inc., a wholly owned subsidiary of Hoenig Group Inc.

RBC Global Services Rolls Out New Performance Measurement Database

The Benchmark(tm) Investment Analytics group (BIA) of RBC Global Services, Institutional & Investor Services (IIS), announced the release of a new and expanded suite of portfolio universes the Benchmark Universes which will enable institutional investors to better evaluate the performance

KAS BANK clearing specialist on Euronext Paris

KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different

ABN Amro Mellon Secures Winterthur Mandate

ABN Amro has won another custody mandate in its stated target market the insurance sector. XL Winterthur International a subsidiary of the Bermuda based XL insurance and reinsurance group, which purchased Winterthur International from Credit Suisse Group earlier this year

BoNY Selected by Lloyds TSB for ADR Program

The Bank of New York announced today that Lloyds TSB Group plc has selected the Bank as depositary for its New York Stock Exchange listed American depositary receipt (ADR) program. Each ADR represents four ordinary shares and trades under the

IBIS Securities Selects BNY Clearing Services

BNY Clearing Services LLC, a subsidiary of The Bank of New York, announced today that its fully disclosed correspondent clearing services were selected by IBIS Securities LLC. IBIS Securities LLC is a general securities broker dealer that specializes in the

BoNY Appointed Stock Transfer Agent by AHP

The Bank of New York announced today that it has been appointed as stock transfer agent, registrar and dividend disbursing and reinvestment agent by American Home Products Corporation (AHP), effective November 5, 2001. This appointment is an extension of the

Bank of Tokyo Mitsubishi To Upgrade System For Custody Service

Bank of Tokyo Mitsubishi (BOTM), long a dominant force in Japanese custodybut which had a challenging year in 2001, announced on 19 November the launch of an enhanced, SWIFT ISO 15022 compliant yen custody system. From January, the bank will

Thomas Murray Joins Forces With Global Custodian

Thomas Murray, the research based information, ratings and consultancy group and Global Custodian, the leading trade publication in the securities services industry, have agreed to work together with the aim of creating the most comprehensive and robust analysis of the