News

First Ever Desktop To Desktop E-Payments

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

Hucker Strengthens Liberty Ermitage Executive Team

The Liberty Ermitage Group has appointed Mark Hucker as the Group Executive Director Infrastructure responsible for all aspects of operations, finance and compliance, reporting to Ron Mitchell, Chief Executive Officer. He joins from Perpetual where he was Finance Director and

KAS BANK clearing specialist on Euronext Paris

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

Trafalgar Capital Raises $40 million

Trafalgar Capital Management, a London based fund manager founded in 1999 and now chaired by former Conservative government minister Lord Strathclyde, has launched a $40 million long short equity fund. Some of the funds were already under management, but the

ABN Amro Mellon Secures Winterthur Mandate

ABN Amro has won another custody mandate in its stated target market the insurance sector. XL Winterthur International a subsidiary of the Bermuda based XL insurance and reinsurance group, which purchased Winterthur International from Credit Suisse Group earlier this year

BoNY Selected by Lloyds TSB for ADR Program

The Bank of New York announced today that Lloyds TSB Group plc has selected the Bank as depositary for its New York Stock Exchange listed American depositary receipt (ADR) program. Each ADR represents four ordinary shares and trades under the

IBIS Securities Selects BNY Clearing Services

BNY Clearing Services LLC, a subsidiary of The Bank of New York, announced today that its fully disclosed correspondent clearing services were selected by IBIS Securities LLC. IBIS Securities LLC is a general securities broker dealer that specializes in the

SWIFT Appoints Executive To Head New Business Development

SWIFT appointed Johan Kestens as Head of New Business Development and Member of the Executive Committee, effective December 3, 2001. He will also be lead executive for the SWIFT Board's "e" Committee. Kestens comes to SWIFT from Almanij, one of