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Citi Awarded Mandate from Veritable
01 February 2012 New York
Reporter: Ben Wilkie

Veritable, L.P. has awarded Citi a mandate to provide a suite of hedge fund services including middle office, fund accounting, and investor services...

BNY Mellon taps Anderson for VP sales at AIS
25 January 2012 London
Reporter: Anna Reitman

BNY Mellon has announced that Valeria Anderson will be taking a new role as senior salesperson, vice president in the London Alternative Investment Services business development team...

FIA committee to look at MF Global failures
25 January 2012 Washington
Reporter: Anna Reitman

The Futures Industry Association (FIA) has announced the establishment of a special committee to address issues related to the MF Global collapse...

Citi GTS net income down 11% in Q4 2011
17 January 2012 New York
Reporter: Anna Reitman

Citigroup's transaction services net income fell 11 per cent, to $776 million, in the fourth quarter of 2011 versus the same quarter last year on the back of narrow spreads and widening expenses...

Citi gets US "fund of hedge funds" mandate
12 January 2012 New York
Reporter: Anna Reitman

Citi has announced its appointment by Dorchester Capital Advisors to provide fund administration and custody for the California-based company's fund of hedge funds...

LCH.Clearnet appoints new head of compliance
06 January 2012 London
Reporter: Anna Reitman

LCH.Clearnet has appointed Lisa Rosen as group head of compliance and public affairs overseeing the clearing house's regulatory and lobbying activities...

Apex Fund Services appoints UK managing director
19 December 2011 London
Reporter: Justin Lawson

Apex Fund Services (UK) Limited has received authorization by the UK’s Financial Services Authority (“FSA”) as a Fund Operator and appoints Colin Targett as managing director.....

Citi mandated by Washington State
13 December 2011 New York
Reporter: Steven Lafferty

Citi has been awarded a mandate to provide securities lending and custody for the State of Washington.......

Phoenix Fund Services appoints new non-execs
28 November 2011 London
Reporter: Anna Reitman

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

Citi appointed by Da Cheng for fund administration
26 November 2011 Hong Kong
Reporter: Anna Reitman

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...

Citi expands DCC services to South Africa
23 November 2011 Johannesburg
Reporter: Justin Lawson

Citigroup's Global Transaction Services business has begun to provide Direct Custody and Clearing (DCC) services to its clients in South Africa. This new offering expands Citi’s proprietary DCC network to 60 markets globally and 34 markets across E

State Street's former VC joins Multifonds BoD
21 November 2011 Boston
Reporter: Anna Reitman

Multifonds has announced that Bill Hunt, former vice chairman of State Street, will be joining its board of directors...