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Deutsche Börse and PSE sign MoU
06 August 2014 Frankfurt
Reporter: Catherine Van de Stouwe

A memorandum of understanding (MoU) has been signed between Deutsche Börse and the Phillippine Stock Exchange (PSE) to establish market data cooperation...

A good year for State Street
27 January 2014 London
Reporter: Daniel Jackson

State Street’s chairman has said that its results for 2014 show that the business remains strong despite the difficult financial climate...

Equity hedge fund inflows push industry assets to five-year high
19 December 2013 New York
Reporter: Daniel Jackson

Hedge fund assets under management have reached a 5-year high, according to a report by eVestment. The institutional investment research firm found that hedge funds are on track for assets to rise $256 billion in 2013, an 80 percent increase over th

Hedge fund launches fall to three-year low
18 December 2013 Chicago
Reporter: Daniel Jackson

New hedge fund launches declined to the lowest level in nearly three years in Q3 2013, while the number of hedge fund liquidations rose to the highest level since Q4 2012, according to the HFR Market Microstructure Industry Report...

Securities services revenue drops at Goldman Sachs
24 October 2013 New York
Reporter: Georgina Lavers

Goldman Sachs announced $340 million in revenue for its securities services division in Q3 2013, a decline of $36 million from the previous quarter and $52 million year-on-year...

Foreign currency to thank for BNY Mellon’s AUC growth
21 October 2013 New York
Reporter: Georgina Lavers

BNY Mellon recorded a 4 percent increase in assets under custody year-on-year for Q3 2013...

Asset servicing is State Street’s golden egg for Q3
18 October 2012 Massachusetts
Reporter: Georgina Lavers

State Street released its 3Q 2012 results, which revealed decreased revenue, but $211 billion in new asset servicing mandates...

Dillon Eustace open in Cayman
24 April 2012 Dublin
Reporter: Justin Lawson

In response to client needs Dillon Eustace have opened up a fully serviced practice on the Island. The Cayman branch will add to the firm’s existing international office network which includes Asian, European and North American representative offic

BNY Mellon Q3 earnings up 4.6% yoy
20 October 2011 New York
Reporter: Anna Reitman

Bank of New York Mellon reported third quarter net income of $651 million, a lift of 4.6 per cent from $622 million versus the same period in 2010, on the back of new business wins, net long-term asset flows and increased deposits.

Northern Trust Q3 profits up 9.5% yoy
19 October 2011 Chicago
Reporter: Anna Reitman

Northern Trust has announced third quarter profits of $170.4 million compared with $155.6 million the year previous, posting rises of 9.5 per cent and 12 per cent quarter on quarter...

BlackRock Q3 revenue up from fees and services
19 October 2011 New York
Reporter: Anna Reitman

In its annual earnings statement, BlackRock credits advisory and administration fees as well as securities lending revenue for an increase in Q3 revenue...

State Street Q3 profit up 1.2 per cent
18 October 2011 Boston
Reporter: Anna Reitman

State Street profits were up 1.2 per cent in the third quarter this year, on a non-operating basis, rising to $544.3 million from $538 million year on year...