Custody

BBVA To Buy The Rest Of Bancomer In Mexico

Banco Bilbao Vizcaya Argentaria (BBVA), the Spanish bank, has launched a Euros 3.3 billion (US$4.1 billion ) offer to buy the 41 per cent of BBVA Bancomer, Mexico's biggest bank, that it does not already own. Bancomer was until 2001

Penson Extends Its Broker-Dealer Outsourcing Services In Europe

Penson Worldwide a provider of clearing, custody, and settlement services in North America, and now Europe has launched an electronic execution service for its European broker dealer and asset management clients. Penson's one stop shop execution, clearing, custody and settlement