News

BISYS Investment Services For Aggressive Growth In Europe

BISYS Investment Services, a leading global financial services provider, today announced a key expansion of its senior management designed to position the company for continued growth in the European market. Simon Shapland joins as Senior Vice President, Sales Europe. Simon

David Bilbe Joins BBH

David Bilbe, the SVP who is the public face of institutional custody sales at State Stteet Bank & Trust Company in London, is joining Brown Brothers Harriman as Managing Director of Investor Services. Unlike State Street, BBH is not seeking

Mark D'Andrea And Warren Holmes in FT

Eagle eyed hedge fund managers and prime brokers scanning the usual crop of Managing Directorships handed about by the major investment banks will have spotted the names of Mark D'Andrea (Barclays Capital) and Warren Holmes (Morgan Stanley) in today's Financial

New Clearing System In Prospect for Finland

Finnish custodians wrestling with client service complaints have long had to struggle with one of the least developed market infrastructures in Europe. So they are among supporters of the plan by the Helsinki Stock Exchange (HEX) to develop a new

India Moves to T+3 Settlement

Continuing to reform India's securities processing infrastructure, the country's regulator, the Securities and Exchange Board of India (Sebi), has slated April 1 to shorten the settlement cycle from five days to three days. The decision came in a brief statement

Merrill Lynch To Close Denver Meridian Backoffice Operations

Merrill Lynch plans to close its Denver Meridian Complex backofficeoperations by midyear, affecting about 1,200 employees, who will have achance to relocate or get a severance package. The 125 or so employees inthe retirement group will remain in the Denver

Mellon Hires Five in Dublin

Mellon Fund Administration (Dublin) Limited has made several significant new appointments John Maguire, Chief Operating Officer John Maguire is Chief Operating Officer of Mellon Fund Administration (Dublin) Limited, responsible for the Fund Accounting and Transfer Agency activities carried out in

Mellon Gets Serious in Dublin

Mellon Fund Administration (Dublin) Limited has made several significant new appointments John Maguire, Chief Operating Officer John Maguire is Chief Operating Officer of Mellon Fund Administration (Dublin) Limited, responsible for the Fund Accounting and Transfer Agency activities carried out in

Money Market Mutual Fund Assets January 3

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