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KBC agrees sale of Belgian insurance arm
17 October 2011
Brussels

KBC has announced an agreement with JC Flowers & Co for the sales of its subsidiary, Fidea, for €243.6 million...

Clearstream and Luxembourg’s central bank launch LuxCSD
17 October 2011
Luxembourg

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)...

J.P. Morgan moves ahead with tri-party repo reforms
14 October 2011
Naples RMA

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...

Citi expands PE fund administration services
14 October 2011
New York

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...

Penson expands MSA with Broadridge
14 October 2011
New York

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

Grant Thornton acquires fund administrator
13 October 2011
Johannesburg

Grant Thornton Capital has announced it has acquired First Light Administration Services as part of the financial advisor's growth plan in South Africa...

SocGen gets LBO France Gestion mandate
13 October 2011
Paris

Societe Generale Securities Services (SGSS) has announced it is selected by LBO France Gestion to provide depositary bank services...

HSBC expands global TA team
13 October 2011
London

HSBC Securities Services (HSS) has appointed Aaron Ng as senior product manager for transfer agency for Asia and Nick Wheeler as product manager responsible for EMEA and the Americas...

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