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BlackRock Q3 revenue up from fees and services


19 October 2011 New York
Reporter: Anna Reitman

In its annual earnings statement, BlackRock credits advisory and administration fees as well as securities lending revenue for an increase in Q3 revenue...
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J.P. Morgan gets UK pension mandate


19 October 2011 London
Reporter: Anna Reitman

J.P. Morgan Worldwide Securities Services (WSS) has announced it has been appointed to provide global custody services to the Royal County of Berkshire pension fund...
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State Street Q3 profit up 1.2 per cent


18 October 2011 Boston
Reporter: Anna Reitman

State Street profits were up 1.2 per cent in the third quarter this year, on a non-operating basis, rising to $544.3 million from $538 million year on year...
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Algorithmics signs Nordea for Solvency II


18 October 2011 London
Reporter: Anna Reitman

Algorithmics has announced that Nordea Life and Pensions has chosen its compliance and reporting edition to address Solvency II regulatory compliance...
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Trian makes State Street action plan public


17 October 2011 New York
Reporter: Anna Reitman

A large shareholder of State Street has made proposals made to the custodian earlier this year public in a bid to increase shareholder value...
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BNY Mellon in meeting Solvency II requirements


17 October 2011 London
Reporter: Justin Lawson

BNY Mellon launches Solvency II asset data reporting & governance solution, new offering allows clients to satisfy regulatory needs and industry best practice....
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KBC agrees sale of Belgian insurance arm


17 October 2011 Brussels
Reporter: Anna Reitman

KBC has announced an agreement with JC Flowers & Co for the sales of its subsidiary, Fidea, for €243.6 million...
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Clearstream and Luxembourg’s central bank launch LuxCSD


17 October 2011 Luxembourg
Reporter: Anna Reitman

Clearstream has announced that its joint venture, LuxCSD, with Luxembourg’s central bank is fully operational and will serve as the access point to TARGET2-Securities (T2S)...
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J.P. Morgan moves ahead with tri-party repo reforms


14 October 2011 Naples RMA
Reporter: Anna Reitman

Reaching 99 per cent plus compliance from active tri-party repo clients for three-way trade is something of which J.P. Morgan’s Worldwide Securities Services is quite proud...
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Citi expands PE fund administration services


14 October 2011 New York
Reporter: Anna Reitman

Citi has announced it has expanded its private equity and real estate administration services with an extension of its end-to-end portfolio administration capability...
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Penson expands MSA with Broadridge


14 October 2011 New York
Reporter: Anna Reitman

Penson Worldwide has announced that it has entered into an expanded master services agreement (MSA) with Broadridge Financial Solutions...