China's monetary tightening combined with concerns about slower global growth impacting the Chinese economy have made senior managers of North European subsidiaries in China less optimistic about the market prospects and profit expectations on the previously red-hot Chinese market.
Satvinder Singh, head of Direct Custody and Clearing and Intermediaries in EMEA at Citi, is believed to have tendered his resignation from the firm to become head of the Trust and Securities Services (TSS) division at Deutsche Bank, according to a source with direct knowledge of the matter.
SEB's Financial Officers' survey, addressed to more than 100 of the largest companies in Sweden and Norway, shows that respondents have become much more pessimistic this summer.
Missed out on the 10.54-caret diamond ring ($550,000), the vintage Rolex watch ($67,500), Steinway grand piano ($42,000) or the pair of embroidered velveteen slippers ($6,000, including a used pair of socks and monogrammed boxer shorts) sold in the liquidation auction of Bernie Madoffs possessions?
The year 1896 was notable for many things The X ray was discovered and the worlds first movie theater opened. Utah was admitted as Americas 45th state and the first modern Olympic Games were staged in Athens. It was also
ISITC (International Securities Association for Institutional Trade Communication), the industry trade group focused on standards in transaction processing and related communications, announced at its 17th Annual Forum and Vendor Show that Erna Lawrence, retired vice president and custody bank liaison
Bravura Solutions Limited, a supplier of transfer agency and wealth management software applications and professional services announces that Bao Viet Life Insurance Corporation (Bao Viet Life) based in Hanoi, Vietnam, has gone live with Bravuras life insurance administration solution, TalisLife.
