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Alternative fees are falling, say Mercer


24 January 2013 London
Reporter: Georgina Lavers

Asset management fees in alternatives have fallen due to supply and demand dynamics, according to a report by Mercer...
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BNY Mellon to deposit for Hugo Boss


24 January 2013 New York
Reporter: Georgina Lavers

BNY Mellon will act as depository bank for luxury apparel maker Hugo Boss for its sponsored American Depositary Receipt (ADR) programme...
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Three’s the magic number for Citi, Euroclear and Clearstream


10 January 2013 London
Reporter: Jenna Jones

Citi is launching a triparty collateral management solution in conjunction with triparty agents Euroclear Bank and Clearstream that will allow mutual clients to consolidate their equity and fixed income holdings into a single collateral pool...
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Markit and CTI launch FATCA solution


10 January 2013 New York and London
Reporter: Georgina Lavers

Markit and Compliance Technologies International (CTI) have launched the FATCA Service Bureau, a new service designed to help financial institutions of all types comply with FATCA...
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SGX broadens clearing services for OTC customers


10 January 2013 Singapore
Reporter: Georgina Lavers

From 25 February, Singapore Exchange (SGX) is providing international customers the choice of clearing OTC transactions as swaps or futures contracts...
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BNY Mellon establishes CSD


08 January 2013 Brussels and London
Reporter: Jenna Jones

BNY Mellon has received regulatory approval to launch a new issuer central securities depository (CSD) entity, offering market participants enhanced interoperability and efficiency...