JPMorgan Treasury Services is offering its correspondent banking partners a new set of trade finance tools called TradeOPT. The bank says the tools aim to enable banks to meet all aspects of their customers' trade finance needs from traditional services,
John Tiner, Chief Executive Officer of the Financial Services Authority (FSA) who officially launched the Scottish Office of the Securities & Investment Institute at a reception held in Edinburgh on Monday 11 October says his preferred approach was to regulate
The WM Company no owned by State Street says UK charity funds posted an average return of 2.4 percent in the third quarter. Returns for the year to date have risen to nearly 5 percent, while the three year annualised
State Street says all of its performance measurement and evaluation services throughout Europe are being aligned under the brand WM Performance Services. The WM Company joined State Street as part of its acquisition of Deutsche Bank's global securities services businesses
Citigroup Global Transaction Services says it has launched a white label service aimed at helping banks offer services without compromising their own identity, independence or customer relationships. So called "borderless banking" aims to offers banks a range of payments and
Lloyds TSB have selected Citigroup as their Continuous Linked Settlement services provider, enablimng the bank to settle foreign exchange transactions through CLS Bank. Lloyds TSB plans to go live by the first quarter of 2005. Lloyds TSB will use Citibank
UK employers organisation, the Confederation of British Industry (CBI) says that the report on pension provision commissioned by the UK government from former CBI director general Adair Turner "shatters the illusion that there is a single magic solution to the
ING has extended its settlement deadlines following the announcement by Euroclear Nederland that from Monday 4 April 2005 deliveries against payment can be settled until 16.30 instead of 15.30, provided that the instruction is received not later than 16.00 hours.
Northern Trust announced today that it has been reappointed as global custodian of Middlesbrough Council's £1 billion Teesside Pension Fund. "We were delighted to appoint Northern Trust as global custodian for a further term, following a competitive tender process," Fred
The Depository Trust & Clearing Corporation (DTCC) has announced today it has opened a new office in Shanghai to provide global corporate actions business. The new service center aims to support DTCC's Global Corporate Action (GCA) Validation Service, which provides