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Cuentra controlada is BofA Merrill Lynch's newest idea
24 May 2013 Mexico
Reporter: Georgina Lavers

Bank of America Merrill Lynch has launched Cuenta Controlada (Controlled Account) services in Mexico for Mexican pesos and US dollar transactions...

Lou Lebedin and Gerard Muldoon join Doran Jones
14 May 2013 New York
Reporter: Mark Dugdale

Consultancy firm Doran Jones has strengthened its prime brokerage offering with the addition of Lou Lebedin and Gerard Muldoon. The pair join as partners...

Citi renews mandate with unique Canada fund
09 May 2013 Toronto
Reporter: Georgina Lavers

Citi has renewed a mandate with Excel Funds to provide transfer agency services and fund valuation for its mutual fund offering in Canada...

Conifer Fund Services opens in Halifax
09 May 2013 Halifax
Reporter: Georgina Lavers

San Francisco-based fund administrator Conifer Fund Services is to open a fund administration office in Halifax, Nova Scotia, as part of its strategy to grow in North America...

Citi grabs hold of ING’s CEE custody business
26 April 2013 London
Reporter: Georgina Lavers

Citi Securities and Fund Services has seized opportunity in the Central and Eastern European markets with its purchase of ING’s custody and securities services business...

Markit rolls out service to MacKay Shields
24 April 2013 London and New York
Reporter: Georgina Lavers

Markit, a financial information services company, has rolled out Markit Enterprise Data Management (EDM) to MacKay Shields, a US-based investment firm...

Apex names Brown as managing director for the Americas
23 April 2013 New York and London
Reporter: Jenna Jones

Apex Fund Services has appointed Elliott Brown to the newly created position of managing director for the Americas...

Citi names CEO for CitiTrust in Asia Pacific
16 April 2013 Hong Kong
Reporter: Jenna Jones

Stewart Aldcroft has been recruited as CEO of CitiTrust. He will be based in Hong Kong and report to David Russell, regional head for securities and fund services Asia Pacific...

Citi hires Jervis Smith
10 April 2013 Hong Kong
Reporter: Georgina Lavers

Jervis Smith is Citi's new regional head of client sales management for the financial institutions (FI) segment in Asia Pacific for securities and fund services...

Citi revamps collateral custody accounts
09 April 2013 New York
Reporter: Georgina Lavers

Citi has expanded its Citi OpenInvestor suite of investment services to include segregated collateral custody accounts. The new accounts are hoped to help clients better mitigate counterparty risk...

StatPro joins forces with Interactive Data
20 March 2013 London
Reporter: Jenna Jones

StatPro has integrated Interactive Data’s fixed income evaluation data into its cloud-based portfolio analysis platform, StatPro Revolution...

BNP Paribas signs up to the Collateral Highway
11 March 2013 Brussel
Reporter: Mark Dugdale

BNP Paribas is the latest firm to go live on Euroclear Bank’s Collateral Highway. The firms have been working since last year to develop their triparty collateral management arrangements...