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ECB offers "early bird package" for T2S
29 November 2011
Frankfurt

CSDs deciding to sign the T2S Framework Agreement for adoption in April 2012 will benefit from reduced prices...

BNY Mellon to snap up Penson's Australian ops
28 November 2011
Dallas

Penson Worldwide has announced the sale of its Australian subsidiary to BNY Mellon for some $32 million...

Phoenix Fund Services appoints new non-execs
28 November 2011
London

Phoenix Fund Services has announced the appointment of Theodore Agnew and Peter Little as non-executive directors of Phoenix Administration Services...

MF Global missing funds "probably just gone"
26 November 2011
New York

Missing client funds from bankrupt FCM, MF Global, now estimated at $1.2 billion, might not be recovered if customer funds were not backed by collateral ...

SocGen taps Bruno Prigent to head new exec committee
26 November 2011
Paris

Societe Generale Securities Services (SGSS) has established an executive committee responsible for strategy and development to be headed by Bruno Prigent, global head of SGSS...

Citi appointed by Da Cheng for fund administration
26 November 2011
Hong Kong

Citi’s Securities and Fund Services has been appointed fund administrator for Da Cheng International Asset Management (DCIAM), one of the top ten largest firms in China...

BNP Paribas wins outsourcing mandate with Spanish bank
26 November 2011
London

Banco Popular Español has selected BNP Paribas to provide outsourcing services for the Spanish bank's back office operations...

J.P. Morgan gets Middle East PE fund mandate
26 November 2011
London

J.P. Morgan Worldwide Securities Services (WSS) has announced its appointment by Gulf Capital Equity Fund Associates to provide private equity fund administration services for a late stage fund...

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