Calpersis to withhold its votes from Citigroup Chairman Sanford "Sandy" Weill and Chief Executive Charles Prince to serve as directors of the world's largest financial services company. The giant pension fund, which has $167 billion of assets and 26,712,930 Citigroup
AFE Solutions, the Hong Kong based price and market data provider owned by Reuters and Systex, is to use Radianz's shared market infrastructure platform to deliver Midst, the Taiwanese stock and futures market information service developed by Systex, to major
Snmic Software has released a new version (version 6.0) of its SonicMQ messaging system. "This release significantly raised the standard for enterprise messaging, eliminating shortfalls that have typically plagued messaging environments," claims Bill Cullen, vice president of products at Sonic
Investments in short term Japanese government paper can now be held through global custodians that are Qualified Foreign Intermediaries (QFI), provided that the beneficial owner is eligible for tax exemption. The tax stipulation will restrict the benefit to sovereign investors,
The Bank of New York has been appointed as indenture trustee, registrar, transfer agent, calculation agent and paying agent by Protective Life Insurance Company for each series of notes to be issued through its $3 billion secured notes program. The
Willis Group Holdings, the insurance broker, has received approval from the China Insurance Regulatory Commission to complete the purchase of a 50% equity stake in Shanghai Pudong Insurance Brokers Ltd. Shanghai Pudong Insurance Brokers Ltd is a Chinese insurance broker
Charles River Development has formed partnerships with Credit Suisse First Boston and Morgan Stanley to offer Charles River IMS users direct access to both CSFB's Advanced Execution Services (AES) and Morgan Stanley's Benchmark Execution Strategies. The new partnerships aims to
Andrew Muir, one of the best known and most popular figures in securities services technology, is understood to have left SunGard. This is a development which will not have surprised any of his many friends in the industry. Word is
Linedata Services has launched LongView ASP, an ASP based order management system. LongView ASP provides all of the sophisticated features and capabilities of the traditional installed version of LongView Trading with the low maintenance benefits of an ASP. The company
State Street has appointed Gavin Nangle to head of Business Development for State Street in Ireland. He will report to William Slattery, head of State Street's investor services business in Ireland. State Street has had a presence in Ireland since