I am writing you to comment on your recent article re your annual Primebrokerage Survey. I must tell you that when I read the piece re CSFB and the language used it made me laugh. The lack of due diligence
Deutsche Bank announced today that its Domestic Custody Services business has implemented its db Trader 4.0 custody operations platform in Hungary. Hungary is the first of the Bank's operations in Eastern Europe to implement the system. db Trader 4.0 has
The boards of Gjensidige NOR and Den norske Bank (DnB) have agreed to increase the cash consideration in their merger terms from NOK 23 per share to NOK 43 per share in Gjensidige NOR. The new terms still mean a
Trading technology providers GL TRADE today announced the appointment of Patrick Tessier as the new CEO and Giles Newman as the new Sales Director of its London and Northern Europe business unit. As CEO, Tessier will be responsible for developing
The State Bank of India (SBI) has implemented a reconciliations tool supplied by SmartStream Technologies in its Foreign (or Forex) Department in Kolkata. Smartsream says SBI the largest bank in India, with more than 9,000 branches and over 200,000 employees
Reech Capital says it has been selected by Irish Life Investment Managers (ILIM) to supply independent valuations of derivative products. Reech Capital will provide independent valuations to ILIM using FastVal+, an online portfolio valuation engine that allows derivatives users to
Platinum Capital Management has launched the Platinum All Weather Fund. The fund manager says the new fund is designed to deliver very low volatility absolute returns. The portfolio is invested in broad based equity index baskets, long and short, with
BrokerTec Futures Exchange (BTEX) sais today that March's monthly volume was up nearly 130 percent over the same period last year , with 182,950 contracts traded in March 2003 compared to 79,783 contracts traded in March 2002. In addition, March's
Bank of Bermuda says it has hired Harvey Twomey as Director of Sales, Global Fund Services (GFS) . Based in London, Twomey will focus on growing the alternative asset client base in the UK and rest of Europe. He will
The Gillette Company has appointed the Bank of New York (BNY) to act as transfer, dividend disbursement and reinvestment plan agent. "With more than 44,000 shareholders, 20,500 of which are enrolled in its dividend reinvestment and direct purchase plans, Gillette