Trafalgar Capital, the St James's based hedge fund manager run by Chris Aarons and Nick Cremin, today announces the appointment of Richard Szwagrzak as Chief Financial Officer and Chief Operating Officer. Mr. Szwagrzak is expected to build on Trafalgar's existing
After growing at 45% in the first quarter of 2002, Celent grew at a blistering 74% in the second quarter of 2002, compared with the same period last year. Building on this growth, Celent is expanding into Asia, officially opening
Despite being up for sale, Deutsche Bank Global Securities Services (GSS) remains determined to pursue business as usual. Today, it launches Db Instruct, a web based, interactive settlement instruction entry tool designed to reduce operational risk and take end to
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