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Fidessa issues new regulation white paper


13 June 2012 London
Reporter: Mark Dugdale

Trading, investment management and information solutions provider Fidessa has released a white paper that examines the regulatory pressures facing the financial industry in Europe...
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State Street may acquire Goldman Sachs fund administration


11 June 2012 New York
Reporter: Georgina Lavers

It has been reported that State Street is on the cusp of buying Goldman Sachs’ hedge fund administration business, after Goldman Sachs has been shopping around for several months...
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Nasdaq OMX Nordic plans to broaden offering


04 June 2012 Stockholm
Reporter: Mark Dugdale

All Nasdaq OMX Nordic members will be able to trade all of the shares that are listed on the securities trading marketplace Oslo Børs via Nasdaq OMX Stockholm...
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SimCorp: Dodd-Frank is a catalyst for change


31 May 2012 New York
Reporter: Mark Dugdale

Thirty percent of respondents to a SimCorp poll admitted that it would take days or weeks to estimate the profit and loss of a potential default of the companies to which they are exposed...
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Income drops at RBC after Dexia buyout


28 May 2012 Toronto
Reporter: Georgina Lavers

Royal Bank of Canada released its 2Q results, which revealed that for continuing operations, net income was at $1.56 billion, down 7 percent from $1.68 billion year-on-year...
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Guernsey funds grow by £8.7 billion


25 May 2012 Guernsey
Reporter: Georgina Lavers

The total value of funds business in Guernsey grew by £8.7 billion, or 3.3 percent, during 1Q 2012. 1Q growth follows a drop of over £10 billion in the final quarter of last year...
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Italian fund manager gives mandate to SocGen SS


22 May 2012 Paris
Reporter: Georgina Lavers

Societe Generale Securities Services in Italy has been appointed by Alceda Fund Management to act as its local transfer agent in Italy, providing it with paying agent and investor relations management services for its fund...
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Forward redemption requests stay low at GlobeOp


22 May 2012 London and New York
Reporter: Georgina Lavers

The GlobeOp Forward Redemption Indicator for May 2012 measured 3.3 percent, up from 2 percent in April, but remaining on a significantly lower trend than 2008 levels...
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ICAP buys PLUS Stock Exchange for £1


18 May 2012 London
Reporter: Georgina Lavers

Interdealer broker ICAP has agreed to acquire PLUS Stock Exchange, the smaller company equity exchange, for £1, subject to PLUS Markets Group shareholder consent and FSA approvals...
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RBC Dexia Investor Services deal gets green light in Europe


15 May 2012 Brussels
Reporter: Mark Dugdale

The Royal Bank of Canada’s (RBC’s) move to take full control of global custody, fund and pension administration services provider RBC Dexia Investor Services has been approved in Europe...
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Sheldon Woldt new Middle Eastern head of Northern Trust


15 May 2012 London
Reporter: Georgina Lavers

Northern Trust has appointed Sheldon Woldt to the newly created role of head of the Middle East, responsible for leading the continued growth of its business in the region...