Diary

Is Mellon Talking To Societe Generale?

The European rumour mill has it that the securities services division of Societe Generale is talking to Mellon about an ABN Amro Mellon or CIBC Mellon style alliance in French custody. Societe Generale, which recently reaffirmed its commitment to the

End Retirement Crisis By Ending Retirement, Says CIPD

The Chartered Institute of Personnel and Development (CIPD) in the UK has an answer to the retirement crisis scrap the idea of retirement. The CIPD, which is supporting an Age Positive week between 2 and 6 December, says it has

ICI Develops Stockholm Syndrome

Perhaps it is being based in Washington. But it is depressing how many of those responsible for the operation of the capitalist system think the government could run it better than they do. Today the Investment Company Institute mouthpiece of

Can You Bear It?

It seems even a global economic downturn cannot dent the enormous self regard of the consultancy profession. KPMG Consulting Inc. announced today that it has changed its name ("and its brand") to BearingPoint, Inc. Apparently, the new name signifies a

Wilco Clients Love Wilco … Says Wilco

Dissatisfied with your survey results? Well, take a leaf out of the Wilco book of self satisfaction and conduct your own survey, preferably face to face, to minimise the prospect of adverse commentary. Wilco International, the ADP subsidiary whose GLOSS

Stock Pickers? Most UK Fund Managers Are Fishes

Pisces is the most common star sign of Britain's top performing fund managers, followed by Taurus and Gemini, according to a survey of managers' star signs carried out for Abbey National's FundsCentre, the new funds supermarket from Abbey National. More

Corporate Governance as Job Creation Scheme

Proof of the adage at GC.com that every regulation is a business opportunity comes with news from PricewaterhouseCoopers LLP that its "sustainability services" group that advises companies on corporate governance, social, and environmental issues will quadruple in size to as

HSBC Looks on the Bright Side

Ever wondered what happened to the HSBC Merrill Lynch joint venture to bring private banking to the mass affluent? The HSBC results half year results announced today include a provision of $23 million for the bank's share of operating losses

Will ABN Amro-Mellon Bid for Deutsche

Industry speculation on the real purpose behind the formalisation of the ABN Amro Mellon joint venture is focusing on the possibility that it is a prelude to a bid for what is left of Deutsche Bank Global Securities Services. If