Custody

BNY Wins Northern Rock Mandate

The Bank of New York (BNY) announced today that it has been appointed by Northern Rock plc to serve as trustee and principal paying agent for its 200,000,000 7.053% Tier One Notes transaction, which was developed and is being underwritten

BNY Launches ADR Performance Analytics Product

The Bank of New York (BNY) today announced the launch of its new DR Performance Analytics. This addition to the Bank's depositary receipt website, adrbny.com, provides interactive analytics designed to evaluate price performance and trading volume of all exchange traded

Northern Trust Wins TotalFinaElf Mandate In UK

Northern Trust has been appointed global custodian to the newly created TotalFinaElf UK Pension Plan, representing about 1 billion in assets under custody. Northern Trust was appointed by The Trustees of the newly created plan, which was created from the

Concern Mounts Over Strength Of German Banks

The chairman of Commerzbank, the third biggest publicly listed bank in Germany, yesterday told Frankfurter Allgemeine Sonntagszeitung "I do not know whether we will make profit in the full year," according to a report on FT.com. The bank, which has

BNY Selected as Trustee for Asset-Backed Sallie Maes

The Bank of New York announced today that it has been selected to serve as indenture trustee for the$1,339,000,000 SLM Student Loan Trust 2002 5 transaction, one of the asset backed transactions sponsored by Sallie Mae. The Bank of New

BNY Is No. 1 Transfer Agent, Says Group Five

The Bank of New York today announced that the Group Five survey had rated the bank as the number one domestic transfer agent services provider in the large agent category (agents serving more than 8,000,000 shareholder accounts) that is. Group

Only Connect, Says Capita Survey

Custodian banks, fund administrators and ICSDs wrestling with customers who complain of poor client service need no reminding that it helps not only to answer the telephone, but to ensure the person answering has the right information to hand. So

ABN Amro Mellon Wins Greater Gwent Council Mandate

Greater Gwent (Torfaen) County Borough Council has appointed ABN AMRO Mellon to provide global custody and value added services for its employee pension scheme, the Greater Gwent (Torfaen) Pension Fund. In addition to core custody services, ABN AMRO Mellon is

BNY Wins Transportadora de Gas del Sur ADR Mandate

The Bank of New York announced today hat it has been selected as successor depositary for the Transportadora e Gas del Sur S.A. (TGS) American depositary receipt (ADR) facility. Each TGS ADR represents five common shares. The common shares trade