Custody

US Regulators Warn US Banks: `No More Enrons'

On Friday the Federal Reserve, the Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Securities and Exchange Commission issued a joint warning to US banks and securities firms to

So You Want To Sue Enron? Call This Wilmington, DE Law Firm

Law firm Grant & Eisenhofer has attracted shareholder accolades in two "awards" it earned last year from Securities Class Action Services, a division of Institutional Shareholder Services. The Wilmington based firm was ranked Number 1 in average shareholder settlements of

Business Process Management (BPM) Does Pay, Says Staffware

BPM provider Staffware claism that independent research counters the Butler Group's statement that BPM failed to deliver any return on investment. A poll of users by Intercai Mondiale found every company reported improved productivity due to the use of this

State Street Wins Depotbank Mandate From Lufthansa

State Street has secured a "multibillion euro" depotbank (custody and accounting) and performance and analytics mandate from Lufthansa, the German airline. "We are delighted to forge this relationship with State Street. Its approach to providing truly local depotbank services, their

Bank Of New York Enhances ADR Direct

The Bank of New York has enhanced its American depositary receipt (ADR) conversion platform, ADR Direct. The bank says it is now the only product to offer electronic trading and real time ADR conversions. The upgrade was launched by G