News

BNY Appoints Tripodi Chief Marketing Officer

The Bank of New York announced today that Joseph V. Tripodi has joined the Bank as Chief Marketing Officer. Tripodi joins the bank to oversee all marketing initiatives globally, including the advertising and branding functions for the bank. He reports

David Linds Becomes SVP AT CIBC Mellon

Tom MacMillan, president and chief executive officer of CIBC Mellon, today announced the appointment of David Linds to the position of senior vice president business development and client relationship management. Linds will maintain his current role heading up the sales

Japan Equity Markets Get CCP From January

The Japan Securities Dealers Association (JASDA), the Tokyo Stock Exchange (TSE), the Osaka Stock Exchange (OSE) and the other Japanese stock exchanges have agreed to establish a single central counter party clearing house, or CCP. It will commence operations in

BGI To Use iBoxx Indices For Fixed Income ETFs

iBoxx Limited and iShares plc have announced an agreement to license iBoxx indices as the basis for Exchange Traded Funds (ETFs) to be launched on Deutsche Brse's XTF Segment. The new products are scheduled for trading early 2003, subject to

Huntington National Bank Buys More From BISYS

BISYS announced today Huntington National Bank has expanded its outsourcing relationship with the company. BISYS was selected as the fund accountant for the bank's recently launched mutual fund, The Situs Small Cap Fund. BISYS established its growing relationship with Huntington

Grupo Casa Saba Appoints BNY ADR Depositary Bank

The Bank of New York announced today that it has been selected as successor depositary for the Grupo Casa Saba, S.A. de C.V, whose common stock trades on the Bolsa Mexicana de Valores. Casa Saba distributes pharmaceutical, health and beauty