The London Stock Exchange has announced that Martin Wheatley is stepping down from the Board with effect from 1 April 2004 after 18 years of service with the Company. Wheatley was most recently in charge of Regulatory Strategy and Communications
Bank Austria Creditanstalt (BA CA), whose shares have been listed on the Warsaw Stock Exchange since 14 October 2003, will be included in the WIG 20 index as from 22 March. This was announced by the governing body of the
Barclays Capital has added Noel O'Reilly and Robert Maryott as Directors in Foreign Exchange Sales. Based in New York and reporting to Rose Noritake, Head of US Corporate FX Distribution, they will focus their efforts on broadening the firm's US
State Street owned investment accounting software application provider Princeton Financial has hired Marcel de Vries as sales manager for the company's Europe, Middle East and Africa (EMEA) region. De Vries most recently was employed by Thomson Financial in London, with
Dublin based hedge fund administrator Custom House Administration & Corporate Services Limited say it has cleared US$6 billion in assets under administration. This means assets have doubled in size since the end of 2002. "We have seen tremendous growth over
Liberty Ermitage has launched a Diversified Strategies Fund with initial assets of US$80 million. The firm says that the fund is designed in response to client demand for higher return fund of funds products. It will be diversified across 80
Mercer Oliver Wyman has appointed Julia Hobart and Denis Bastin as Directors in Mercer Oliver Wyman's London Office. Both have transferred from the Manager Advisory arm of Mercer Investment Consulting. Hobart and Bastin will focus on the development of Mercer
Ruud Sleenhoff, the SVP and public face of the ABN Amro custody and clearing business since the departure of Marinus Maaskant, is understood to have shifted to another position within the giant Dutch bank. His former role is being taken
For the first time in two years, IT spending in the US securities industry will increase in 2004. According to a new report from consultants Celent Communications, total outlay will reach US$26.1 billion by the end of 200 7. Merrill
Investment Company Institute (ICI president Matthew Fink has welcomed the Bush Administration's proposals to increase the budget of the Securities and Exchange Commission (SEC). "The Investment Company Institute strongly supports the Bush Administration's important and necessary proposal to increase the