The Bank of New York says Everest Re Group has chosen the bank to supply it with global custody and trust services. Everest Re provides personal and commercial property and casualty insurance. "After a thorough evaluation process, we selected The
Deloitte & Touche LLP says Stephen R. Katz, a former Citigroup Chief Information Security Office, has been appointed as an executive advisor to the firm's Security Services Group. Katz has 25 years' experience in information security and is a well
PFPC, the hedge fund adaministration arm of the PNC Financial Services Group, has teamed up with HedgeFund.net to offer its hedge fund clients access to HedgePlus, HedgeFund.net's online database listing service. HedgeFund.net is contains hedge fund information and performance data,
In a survey of its members, the UK based Investment Management Association (IMA) has found that managers of 94 per cent of UK pension fund assets will be complying in full with the Pension Fund Disclosure Code when it comes
Forum Financial Group says it has sold its investment advisory business for the Maine and New Hampshire TaxSaver Bond Funds to Integrity Mutual Funds a mutual fund management company based in Minot, North Dakota to concentrate on fund services. "This
BNP Paribas has signed a letter of intent to buy a portfolio of structured products linked to hedge funds from New York based Zurich Capital Markets, an arm of the troubled Swiss insurer, Zurich Financial Services (Zurich). The deal includes
JPMorgan Treasury Services has reached an agreement with Vastera,a provider of trade management software, to create a so called Global Trade Management (GTM) solution. Vastera technology aims to automate the processes associated with moving goods across borders. It ensures companies
Use of treasury management systems (TMS) by corporations and banks appears to have peaked, says a new research report from Greenwich Associates. The report says that use of treasury management systems by corporates and banks peaked at the end of
The London Borough of Greenwich Superannuation Fund has expanded a relationship with State Street, who inherited a partial role with the fund after acquiring Deutsche GSS, by appointing the American bank as its global custodian. The fund has over ?400
A group of sixteen European fund managers has called on transfer agents and fund distributors to process their fund transactions using a single transactional platform. It follows a roadshow organised by Euroclear, owner and operator of the FundSettle processing platform.