HSBC Global Investor Services has welcomed the recommendations in Paul Myners's recent report on shareholder voting practice in the UK, particularly those on the registration of a client's title to shares. HSBC says it registers UK shareholdings held on behalf
In Thailand, the SEC plans to establish a new investor protection fund to cover the risk that brokers mis manage assets in safekeeping, according to local press reports. The fund is expected to be worth THB 100 million. The Thailand
Lane Clark & Peacock LLP (LCP), the UK based actuarial and benefits consultancy, has acquired Ernst & Young Belgium's Actuarial Consulting and IT business. The acquisition provides LCP with a leading position in the actuarial market in Belgium. Following the
The UK government plans to create a British equivalent of the US Pension Benefit Guaranty Corporation (PBGC) has found a friend at last, albeit in a predictable quarter. Welcoming the Pensions Bill published yesterday, Trades Union Congress (TUC) secretary general
Jarislowsky Fraser has appointed the global fund services unit of Northern Trust to provide global custody, cash management and fund accounting services for the JFL International Equity Fund. Jarislowsky, Fraser Limited is a Canadian registered investment counseling firm, managing pension
Societ Interbancaria per l'Automazione (SIA) the Italian software and technology firm behind the MTS bond trading platforms and the EBA payments systems in Europe has formed a joint venture with GL TRADE, a provider of electronic trading and clearing solutions.
TIBCO Software, the provider of business integration software, has appointed Noel Ardis to the position of senior vice president for the Europe, Middle East and Africa (EMEA) region and Tony Harris as senior vice president for the Asia Pacific and
Consultants Celent have published a new research report comparing treasury systems. It predicts that European spending on treasury systems will surpass Euros 500 million by the end of 2004. In the report, "Treasury Management Systems at European Banks," Celent examines