Euro clearinghouses do not need be based in the single currency area, the EU’s second highest court has ruled...
Temenos Group is acquiring fund administration software provider Multifonds for €235 million...
Northern Trust saw its custody and fund administration fees increase 15 percent in Q3 2014 to $275 million...
J.P. Morgan had $21.2 trillion in assets under custody during Q3 2014, taking a hit sequentially but beating last year’s result...
BNY Mellon earned almost $1 billion in asset servicing fees during Q3 2014, an impressive 6 percent higher than 2013...
BNY Mellon is closing its European derivatives clearing business following a delay in the implementation of European Market Infrastructure Regulation mandatory clearing rules...
Canara Bank and KBC Bank have signed up to use Deutsche Bank’s FX4Cash, a global cross-currency payments solution...
SunGard’s IntelliMatch Operational Control, XSP, SunGard Global Network, AvantGard Managed Bank Connectivity and AvantGard Trax solutions have secured the SWIFT Certified Application labels...
