Custody

GOAL Joins Forces With Wilco

Wilco International, a wholly owned subsidiary of ADP Inc announced an alliance with withholding tax software and services specialist GOAL (Global Operations and Administration Ltd). The alliance will extend the range of Wilco's corporate actions solutions by providing access to

Euro MTS to Choose CCP Provider By Christmas

EuroMTS is close to choosing between London Clearing House (LCH) and Clearnet as its Central Counter Party (CCP) service provider, and a decision is expected by Christmas. The Italian born fixed income trading platform has learnt the lesson of the

State Street Appointed Transition Manager By Japan Travel Bureau

State Street Securities Company Ltd., a wholly owned subsidiary of State Street Corporation, announced today that it has been appointed transition manager for the pension fund of Japan Travel Bureau (JTB) and has completed a portfolio transition utilizing its agency

South African Win for State Street

Nedbank, part of Nedcor banking group, and State Street Bank and Trust Company, the principal subsidiary of State Street Corporation and the leading US provider of services to public funds, announced today that South Africa's Government Employees Pension Fund (GEPF)

The Bank of New York Announces Change in ADR Index

The Bank of New York announced that, effective December 24th 2001, The Bank of New York ADR IndexSM will be converting to free float adjusted shares from full market capitalization. Free float market capitalization reflects the number of shares actually

JP Morgan/Chase Takes Client Service to a New Level

JP Morgan Investor Services has launched what it claims is a first a global, round the clock, telephone based client support service. Follow the Sun provides Morgan clients with continuous technical and functional phone support through a rotating help desk

Fuji Bank's Shimamura-san Moves On

One of the best known figures in Yen custody, Nagatoshi Shimamura, generalmanager, marketing, within the settlement and clearing services division atFuji Bank in Tokyo, is moving out of the custody business. Following themerger of Fuji Bank into the Mizuho Group,

Kas Associatie N.V. Wins First Mandate

KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different

Smart Timing for Deutsche Performance Measurement Product

Deutsche could scarcely have timed it better. On the very day that Merrill Lynch Investment Management decided to settle its legal dispute with the Unilever pension fund over its investment performance in the late 1990s, Deutsche subsidiary WM Company launched

BoNY Selected Custodian For Agricultural Bank of China

The Bank of New York announced today its appointment by Agricultural Bank of China as global custodian for its proprietary global fixed income investments. Agricultural Bank of China (ABC) is a full scale commercial bank with business coverage going far