The Pegasus Fund Ltd has in the past week notified the markets of their appointing Citigroup Global Markets as its prime broker. Citi takes over from Morgan Stanley as prime broker to the company.
The Australian Securities and Investments Commission (ASIC) and the Financial Industry Regulatory Authority (FINRA) entered into a Memorandum of Understanding (MOU) on the 18th June to promote and support greater cooperation between the regulators
BNY Mellon Asset Servicing, has been appointed by Bankenes sikringsfond (Norwegian Banks' Guarantee Fund) to provide global custody and related services for assets valued at NOK 18.5 billion (USD 3 billion).
Societe Generale Securities Services and U.S. Bancorp Fund Services, LLC announce the launch of their Global Securities Services Alliance TM (GSSA). This commercial alliance leverages each organization's geographical and product expertise
BNP Paribas Securities Services has recently opened in Beijing, China. BNP2S will leverage on its wealth of experience and expertise in Europe to offer Chinese institutional investors and sovereign wealth funds its range of asset servicing
The Securities and Exchange Commission today approved rules that will require the exchanges and FINRA to pause trading in certain individual stocks if the price moves 10 percent or more in a five-minute period.
J.P. Morgan Worldwide Securities Services and BankInvest today announced that J.P. Morgan has been awarded a mandate to provide custody and related services to BankInvest, a leading asset manager and provider of investment funds in the Nordic region.
J.P. Morgan Worldwide Securities Services, today announced that it has been selected by the State of New Mexico to provide custody and securities services for the State's more than $40 billion in assets.
The Hennessee Group LLC, this week produced statistics showing that May was the worst month of the year for hedge funds and the worst monthly drawdown since October 2008. However, hedge fund managers avoided significant losses
A new report from Aite Group examines liquidity risk and liquidity risk management (LRM), focusing on recent global LRM pronouncements from regulatory bodies in the United States and Europe. It reviews these standards and discusses what market partic