Custody

Fortis Extends Integrated Clearing Service To Frankfurt

Fortis Bank Information Banking, a business line of Fortis Bank, will offer its clearing services in Frankfurt under the name Fortis Bank Global Clearing Frankfurt Branch. This follows the announcement of the official bank status in the Netherlands of Fortis

Mellon Outsources 300 Jobs To India

City of Boston officials are trying to decide what action if any they can take against Mellon Financial Corporation one idea is a $1 million payment for outsourcing up to 300 jobs at its Everett operations facility to India, according

MetLife Insurance Joint Venture In China Launched

MetLife has a launched its Chinese life assurance joint venture with Capital Airports Holding Company, Sino U.S. MetLife Insurance Company, Ltd. The joint venture company has received regulatory approval from the China Insurance Regulatory Commission and will operate under the

State Street Wins Custody, Fund Accounting For St James Place

State Street Corporation said today it will begin providing custody and fund accounting services to St. James's Place, the wealth management group. St. James's Place has 8 billion in assets under management. "We appointed State Street as our preferred provider

Wachovia Wins Stock Transfer Agency Mandate From John H. Harland

Wachovia Corporate and Institutional Trust has been appointed stock transfer agent and employee stock purchase plan provider for the John H. Harland Company. Headquartered in Atlanta, Georgia, Harland is a provider of software and printed products to the financial institutions

CDC IXIS And CDC Urquijo Both Upgraded By Thomas Murray

Thomas Murray has given an overall public French domestic custody rating of AA to CDC IXIS, with a stable outlook. The ratings company said that CDC IXIS demonstrates a very strong French domestic custody offering and has been upgraded as