The Investment Management Association (IMA) has called on the UK regulator, the Financial Services Authority (FSA) to re think the way it proposes to implement two key parts of the EU UCITS Management Company Directive the City trade association made
R . Jeep Bryant, , has joined the Bank of New York as a managing director and global head of corporate communications. Bryant will report directly to Thomas A. Renyi, chairman and chief executive officer. A potentially early sign that
Summit Systems says the Paris based Caisse Nationale des Caisses d'Epargne (CNCE), the central institution of the Caisse d'Epargne Group, has selected its systems to provide front and middle office support for processing the Group's financial transactions. With a license
BISYS says it expects to earn less than expected in the first half of 2003. For the fiscal quarter ending March 31, BISYS anticipates reporting earnings per diluted share of $0.27, one cent lower than its previous guidance, and equal
FAME Information Services, a provider of historical and reference data, has joined forces with IBM to make FAME data available via IBM 's AIX and Linux for zSeries operating systems. FAME focuses on the financial, energy, and public sector markets.
If you didn't know it already, you do now rich families love hedge funds. Why? Because a survey by LJH Global Investments, the hedge fund advisory firm, and the Institute for Private Investors (IPI), an educational and networking organization for
Eurex Bonds, the electronic trading platform operated jointly by Eurex, the international derivatives exchange, and a number of bond trading firms, says two more firms have joined the platform. Deka Bank Deutsche Girozentrale has been active as a new trading
The volume of instructions submitted through CLS Bank will increase by 150 per cent by the middle of 2005. Or so says a new piece of research by TowerGroup. The research, conducted amongst 40 of CLS Bank's Settlement Member banks
The repo committee of the International Securities Markets Association (ISMA) today published its annual update of legal opinions on the GMRA in 33 countries around the world. Updated opinions are published for all countries except Austria and South Africa, and
ADP Brokerage Services says WestLB AG has achieved significant cost and risk reductions by using its outsourcing platforms for international treasury and debt instrument processing. WestLB AG commenced live operations on ADP OMR's TradeThruTM solution for its treasury processing, and