News

DTCC Moves Into Insurance Distribution

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

Paul Myners Elected A Director Of The BNY Company

The Bank of New York Company, Inc., announced today that Paul Myners, recently retired chairman of Gartmore Investment Management of London, England, has been elected to the Boards of Directors of The Bank of New York Company, Inc., and its

Eurex Bonds Expands Product Portfolio

Eurex Bonds added a number of products to its portfolio, which include new issues by the KfW (Kreditanstalt fr Wiederaufbau), the European Investment Bank, and individual German states, as well as jumbo Pfandbrief issues. Market makers will provide liquidity in

India Announces NationWide Funds Transfer Network

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

CSFB to Pay $100 million to Settle IPO Actions

Access to hot IPOs is one of the ways hedge funds gauge the quality of the service supplied by their prime brokers. News today that he Securities and Exchange Commission had filed charges against Credit Suisse First Boston Corporation (CSFB)

Zimmerhansl Quits Rabobank International

Roy Zimmerhansl, head of global collateral management at Rabobank International in London, has left the bank. Zimmerhansl was not available at the bank today to comment, but his departure is understood to be an amicable one. "He came here to

Omgeo 'Early Adopter' Program Gains Momentum

Omgeo today announced that 17 firms have already signed on as "Early Adopters" of its Omgeo Central Trade Manager (Omgeo CTM) global STP platform, further expanding the capability of Omgeo's community of 6,000 clients. These include six investment managers Lazard