In focusing on the need to stabilise employer costs and administrative burdens, the Pickering report on pensions has failed to come up with a blueprint which will restore consumer confidence in private pension schemes, says the Association of Chartered Certified
Ivan Martin is to be the new CEO of the Misys Banking and Securities Division. He takes up his post in early August. Martin, who joined Misys in 1995 after the acquisition of the ACT Group, was previously the CEO
Hemscott, the retail financial information provider, has developed and launched a new web site to help investors identify and track their current and potential investments for signs of US style accounting tricks in the financial reports of UK and Irish
City Networks, a supplier to the treasury, securities and derivatives markets, today announced the appointment of Costa Christodoulou as Chief Executive Officer. Christodolou will be taking full responsibility for all global operating units and will report to the main board.
On the 2 July 2002, the Capital Market Supervisory Agency (BAPEPAM) of Indonesia announced the implementation of a T+3 settlement cycle, effective from 9 September 2002. At present, the Jakarta Stock Exchange settles on T +4 . "This announcement is
Bill Kelly, the former Bankers Trust executive who headed securities lending marketing and sales for Deutsche Bank in the United States, has left the firm to join Bank of New York. His departure is yet another sign of the disintegration
London Clearing House (LCH), operators of the RepoClear central counter party netting service for the European repo markets, has sought to boost liquidity by offering firms with insufficient volumes to justify full membership the option to clear via a larger
Borsa Italiana announced today that its offer to Monte Titoli shareholders for the acquisition of the CSD had received acceptances representing 94 per cent of Monte Titoli's capital. This is in addition to Borsa Italiana existing holding of 4.1 per
The Bank of New York (BNY) announced today that the State of Iowa has chosen the bank to service its financial assets. The Bank will provide compliance reporting, custody, performance measurement, and securities lending for $16 billion in assets for