Custody

Bank of New York Pays GMAC $110 Million To Settle Legal Dispute

The Bank of New York Company says it has reached a settlement with the General Motors Acceptance Corporation ("GMAC") over GMAC's claims relating to the 1999 sale to GMAC of BNY Financial Corporation, the bank's factoring and asset based finance

Bank Austria Creditanstalt Shares Start Trading In Warsaw

The Polish Securities and Exchange Commission today authorised Bank Austria Creditanstalt (BA CA) shares as the first international company to trade on the Warsaw Stock Exchange (WSE). BA CA shares also trade in Vienna, following the sale of a quarter

Bank of New York To Run ADR Programme For Autonomy Corporation

The Bank of New York announced today has been selected as successor depositary for the Autonomy Corporation's American depositary receipt (ADR) facility. The company's ordinary shares are listed on the London Stock Exchange. Each ADR represents five ordinary shares and

Integrated Asset Management Buys Investory Broking Arm

Integrated Asset Management, the AIM listed fund manager, has acquired the broking arm of Investory Limited. This acquisition will form the core of a new Integrated Financial Products ("IFP") division. IFP will be managed by Nick Levene and Ian Martin,