RBC Global Services, Institutional & Investor Services (IIS) announced the appointment of Simon Coleman as Director of Operations in London, U.K. In his new role, Simon will oversee all aspects of global custody processing in more than 80 worldwide markets.
Radianz announced it has signed a three year multimillion dollar contract to provide Internet Protocol (IP) extranet services to Cognotec. Cognotec, a provider of foreign exchange and money market trading solutions, will use Radianz's global financial extranet, RadianzNet, to connect
The Bank of New York announced that it has signed a definitive agreement to acquire the Core International ADR and Domestic Equity Index institutional investment management businesses of Axe Houghton Associates, Inc., a wholly owned subsidiary of Hoenig Group Inc.
European and U.S. financial institutions hoping to unlock the potential for U.S. style revolving credit cards in Western Europe will continue to face significant cultural, legislative and technological challenges. New research from TowerGroup's Consumer Credit service finds that though Western
The Benchmark(tm) Investment Analytics group (BIA) of RBC Global Services, Institutional & Investor Services (IIS), announced the release of a new and expanded suite of portfolio universes the Benchmark Universes which will enable institutional investors to better evaluate the performance
The New York Clearing House announced a major initiative that will provide the first Internet enabled global payments infrastructure needed to support true B2B e commerce. The new functionality will enhance the capabilities of the Clearing House's two core payment
News that the Ottoman Bank merger with Garanti Bank, announced in mid October, is going ahead on 19 December will reduce competition for sub custody business in one of the two most closely watched emerging markets of recent times Turkey.
Citibank Worldwide Securities Service (WWSS) Thailand was recently awarded Securities Borrowing and Lending (SBL) Agent license from the Thailand Ministry of Finance (MOF). In Thailand, there is a mandatory stock borrowing and lending program that is operated by the Thailand
KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different
The JSE Securities Exchange South Africa ("the JSE") and GL TRADE announced that they have signed an agreement whereby GL TRADE will provide the JSE with its professional trading front end GL WIN for use on the JSE and the