Custody

JPMorgan Treasury Services Boosts its Trade Services Team

JPMorgan Treasury Services has appointed Conor O'Dowd as Regional Head of Global Trade Asset Distribution in EMEA to cater for the growing demand from its clients for risk and balance sheet management techniques around their trade business. JPMorgan Treasury Services

LSE Data Confirms Volumes Rise as Values Fall

The London Stock Exchange today confirmed that transaction volumes are continuing to rise even as stock markets fall. The total number of UK trades on the Exchange increased to 3.89 million in July 2002, up by 56 per cent compared

JP Morgan Unveils Corporate Treasury Solution

JPMorgan Treasury Services today unveiled plans for a new financial outsourcing service designed to facilitate best practice management of the "financial supply chain." JPMorgan Treasury Services' offering aims to provide CFOs and their teams with a range of information, integration,

Companies Must Monitor Pension Risks, Says Mercer

The recent call for companies to give mid year information on their pension scheme assets underlines the need to actively monitor and manage pension risks, says Mercer Human Resource Consulting. In light of the fall in equity values, the US

BNY Looks to Have Deutsche GSS in the Bag

The sale of Deutsche Bank's US master trust, securities lending, and indexing business is entering its final stages, according to informed sources. The shift has not been sudden ever since the German bank starkly announced in its 2001 annual report

Jackson Quits Citibank for SEI

Francis Jackson, Head of Investor Solutions at Citibank Global Securities Services, is leaving to join SEI Investments in London as director of business development. Rumours had circulated for some months that Jackson would leave the giant American bank, his position

Citibank Given Clearing Job by HKMA

The Hong Kong Monetary Authority (HKMA) announced today that the Central Moneymarkets Unit (CMU), a central custodian and clearing system for debt instruments operated by the HKMA, will introduce a new clearing, settlement and custodian service for US Treasuries. The

Wilco Says UBS Has Bought Its Corporate Actions Tool

Wilco International says UBS Warburg has signed an agreement to use Wilco's platform for global corporate actions processing. The agreement includes UBS Warburg's usage of Wilco's corporate actions processing engine across its international operations, supporting its three main processing hubs