Zurich Scudder's Mutual Fund Business Moves to Chicago Zurich Scudder Investments plans to cut staff and move its U.S. mutual fund business from Boston to Chicago, according to Bloomberg. The report indicated that some account managers and support operations staff
Zurich Scudder's Mutual Fund Business Moves to Chicago Zurich Scudder Investments plans to cut staff and move its U.S. mutual fund business from Boston to Chicago, according to Bloomberg. The report indicated that some account managers and support operations staff
The Electronic Payments Network (EPN) announced that its market share of originated ACH (automated clearing house) payments has increased from five percent to twenty two percent during the last twelve months, and the total transaction volume originated and received by
As every fund manager knows, the real solution to transaction costs is cutting out the middlemen and minimising market impact. Liquidnet, the recently established alternative trading system (ATS) that allows fund managers to trade large blocks of stock anonymously without
> Zurich Scudder's Mutual Fund Business Moves to Chicago Zurich Scudder Investments plans to cut staff and move its U.S. mutual fund business from Boston to Chicago, according to Bloomberg. The report indicated that some account managers and support operations
> Zurich Scudder's Mutual Fund Business Moves to Chicago Zurich Scudder Investments plans to cut staff and move its U.S. mutual fund business from Boston to Chicago, according to Bloomberg. The report indicated that some account managers and support operations
In 2001, VP Securities Services (VP) achieved a profit of DKK 40.8 million before tax compared to DKK 47.4 million in 2000. Profit for the year after tax amounted to DKK 27.5 million compared to DKK 33.8 million in 2000.
Global Crossing announced today it is taking "bold new measures" to bring costs into line with revenues. The cuts include more redundancies and real estate sales, as well as voluntary pay cuts by Global Crossing executives. Global Crossing has attacked
The Depository Trust & Clearing Corporation (DTCC) reported $819 million in revenue for 2001 from fees charged by its subsidiaries for record volumes of post trade processing, custody and asset servicing of financial instruments, including equities, municipal and corporate bonds,
Banca d'Italia, in accordance with Consob, approved the operational rules of Express II, the new platform that will replace the present Liquidazione dei Titoli (managed by Banca d'Italia). Express II, developed in agreement with industry associations, intermediaries and markets, integrates