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ISITC Europe CEO steps down amid strategic shake-up


07 December 2015 London
Reporter: Stephanie Palmer

The International Securities Association for Institutional Trade Communication Europe has a new interim CEO and a new strategic plan, after Graeme Austin stepped down as CEO...
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GCF: Wave two of T2S not all smooth sailing


01 December 2015 London
Reporter: Stephanie Palmer

Markets are joining late and creases are yet to be completely ironed out, but the T2S platform could expand to new markets and further throughout Europe...
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20 percent jump in CUSIP requests


17 November 2015 New York
Reporter: Stephanie Palmer

CUSIP Global Services saw a sharp increase in requests for new security identifiers in October, suggesting that there could be a surge in new corporate and municipal bond issuances...
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Clearstream grows AUC in October


13 November 2015 Frankfurt
Reporter: Drew Nicol

Clearstream enjoyed an 8 percent boost in its assets under custody in October, on last year’s figures...
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State Street opens Copenhagen office


11 November 2015 Copenhagen
Reporter: Drew Nicol

State Street has strengthened its presence in the Nordic region with the opening of an office in Copenhagen...
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Equitile and HSBC launch ACS structure


10 November 2015 London
Reporter: Becky Butcher

HSBC Securities Services has been appointed as custodian and fund services provider by investment manager Equitile...
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Mystery G-SIB adopts AxiomSL in EU


10 November 2015 New York
Reporter: Stephanie Palmer

A US global systematically important bank (G-SIB) has gone live with AxiomSL’s regulatory reporting and risk management solutions platform for its reporting in Germany, France and the UK...
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Capita appointed to administer Regional REIT


06 November 2015 London
Reporter: Becky Butcher

Regional REIT, managed by Toscafund Asset Management, has appointed Capita as provider of company secretarial, fund accounting and registrar services to the fund...
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Deutsche Bank hit with $258m transactions fine


06 November 2015 New York
Reporter: Stephanie Palmer

Deutsche Bank has been fined a total of $258 million for processing US-denominated transactions on behalf of countries and other entities subject to sanctions under US federal law...
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Deutsche Bank cutting back for 2020


05 November 2015 Frankfurt
Reporter: Stephanie Palmer

Deutsche Bank intends to reduce its cost base by about €600 million by 2018, and to reduce its business division’s cost income ratio by about 10 percentage points...