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ICE gains approval for S&P Global acquisitions


18 August 2016 Atlanta
Reporter: Stephanie Palmer

The Intercontinental Exchange has received approval from the US Department of Justice for its acquisition of two S&P Global Assets, and expects to close on the transaction in October...
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China approves new Stock Connect


16 August 2016 Beijing
Reporter: Mark Dugdale

China has approved the Shenzhen-Hong Kong Stock Connect programme, paving the way for a better-regulated stock market...
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Global equities boosting Canadian pensions


12 August 2016 Toronto
Reporter: Barney Dixon

Recoveries in global equities in Q2 of 2016 have brought Canadian pension plans into positive territory, according to $650 billion RBC Investor & Treasury Services All Plan Universe...
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BNY Mellon analyses new collateral management tools


05 August 2016 New york
Reporter: Mark Dugdale

Market participants need to become more efficient when financing their transactions, according to BNY Mellon, whose report outlines the strategies to adopt in collateral management...
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Bank of England finally drops interest rates


04 August 2016 London
Reporter: Stephanie Palmer

The Bank of England has dropped interest rates by 25 basis points to 0.25 percent, with the outlook for growth in the short to medium term weakening “markedly”...
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Mixed Q2 for State Street


04 August 2016 Boston
Reporter: Stephanie Palmer

State Street’s assets under custody and administration remained fairly steady in Q2 2016, compared to Q1, however the business has seen slight declines year-over-year...
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SocGen sees challenging Q2 for securities services


03 August 2016 Paris
Reporter: Stephanie Palmer

Societe Generale’s securities services revenues dropped by 7.1 percent in Q2 2016, while revenues for H1 were down 11.5 percent compared to the same period last year...
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KCG expands in Europe with Neonet acquisition


28 July 2016 Stockholm
Reporter: Stephanie Palmer

KCG Holdings, the US securities trading firm, is improving its presence in Europe with the acquisition of Neonet Securities, an execution service provider based in Stockholm...
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Mixed Q2 for Citi securities services


25 July 2016 New York
Reporter: Stephanie Palmer

Citigroup has released its earnings for Q2 2016, revealing a dip in revenue for securities services, but a 10 percent increase in its total markets and securities services segment...
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First Names Group closes Nautilus acquisition


20 June 2016 Jersey
Reporter: Stephanie Palmer

First Names Group has completed its acquisition of Nautilus Trust Company, an independent trust and corporate services provider in Jersey, Hong Kong and London...