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Deutsche Bank cutting back for 2020
05 November 2015 Frankfurt
Reporter: Stephanie Palmer

Deutsche Bank intends to reduce its cost base by about €600 million by 2018, and to reduce its business division’s cost income ratio by about 10 percentage points...

Notifications dip for SS&C GlobeOp
21 October 2015 Windsor, Connecticut
Reporter: Stephanie Palmer

SS&C GlobeOp Forward Redemption Indicator for October 2015 showed that notifications have dipped to 2.96 percent from 3.79 percent in September...

Allfunds Bank recruits in Luxembourg
13 October 2015 Luxembourg
Reporter: Becky Butcher

Allfunds Bank has appointed Ugo Sansone to head its business in Luxembourg to help drive the firm’s international expansion...

SWIFT delivers 57 percent price drop
12 October 2015 Singapore
Reporter: Mark Dugdale

SWIFT expects to deliver a 57 percent price reduction on its messaging services by the end of 2015...

RBC appoints Herbeau as foreign exchange MD
06 October 2015 Toronto
Reporter: Drew Nicol

RBC Investor & Treasury Services has chosen Matthieu Herbeau to become its global head of foreign exchange execution, treasury & market services...

Guernsey approves 18 new investment funds in Q2
23 September 2015 Guernsey
Reporter: Becky Butcher

Guernsey’s financial services regulator approved 18 new investment funds during Q2 2015...

GTC integrates SWIFT connection for corporates
21 September 2015 Brussels
Reporter: Stephanie Palmer

GlobalTrade Corporation has adopted SWIFT’s Alliance Lite2 for Business Applications solution, becoming the first trade finance technology provider to integrate the system with its platform for corporates...

Brown Shipley passes 10,000-mark with SimCorp system
21 September 2015 Copenhagen
Reporter: Stephanie Palmer

Private bank Brown Shipley is now using SimCorp’s Coric Client Communications system to generate about 10,000 six-monthly client reports...

Global Prime Partners receives Hong Kong licence
18 September 2015 London
Reporter: Becky Butcher

Global Prime Partners has received regulatory approval from the Securities & Future Commission of Hong Kong...

HSBC appoints new head of securities services
15 September 2015 London
Reporter: Drew Nicol

HSBC Securities Services has appointed Rafael Moral Santiago as head of securities services in Europe...

INDOS reaches $5 billion milestone
15 September 2015 London
Reporter: Becky Butcher

INDOS Financial has reached the milestone of $5 billion of assets under depository...

New payments CEO for SIX
02 September 2015 Zurich
Reporter: Stephanie Palmer

SIX has appointed Jürg Weber as division CEO of SIX Payment Services, and to sit on the board of directors...