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
City Networks says that Bank BPH PBK's Warsaw office is using its CityNet Matching solution. Bank BPH was a customer with CityNet Matching prior to its merger with Bank PBK. Bank BPH PBK, the third largest bank in Poland, is
BondVision, the Internet based multi dealer to institutional client market owned by MTS, has added 11 Central European issuers to its listings. BondVision says the expansion is due to client demand, and accompanies the listing of certain of these securities
HEX Integrated Markets and the Copenhagen Stock Exchange, Oslo Brs and Iceland Stock Exchange have agreed a new NOREX co operation agreement. According to the agreement, HEX Integrated Markets Ltd representing Stockholmsbrsen, who is already a member of NOREX, Helsinki
SunGard says its Brut ECN enjoyed a Nasdaq market share of 11.5 percent in February, up from 8.9 percent in December and January. Parent SunGard Brokerage Services says the ECN averaged over 220 million shares traded per day for the
COR Financial Solutions has signed a licence agreement with Credo Capital for the use of its new BITA Star product. BITA Star provides private client fund managers, family offices and private banks with "Know Your Client" and Strategic Asset Allocation
ABN AMRO Mellon Global Securities Services B.V. has been appointed by Stichting Pensioenfonds UWV in the Netherlands as its new global custodian. ABN AMRO Mellon will provide investment custody services, including accounting, performance measurement and full administrative and regulatory reporting
Japanese regulator the Financial Services Agency has issued a licence to operate to the JASDEC DVP Clearing Corporation (JDCC), the subsidiary of Japan Securities Depository Center, Inc., which will perform the central counterparty function for non exchange traded transactions JDCC
Bank of America is to cut 12,500 jobs as a result of its $48 billion purchase of FleetBoston. Chief Executive Kenneth Lewis is aiming at total savings of $1.6 billion from the merger. The cuts will take place over the
BISYS says that Jose Suquet has resigned as Group President of BISYS' Insurance and Education Services Group to return to "a senior executive role with a major insurance carrier or other financial institution." Russell Fradin, BISYS's President and CEO, will