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BNY Mellon 3rd Quarter results


21 October 2010 New York
Reporter: Ben Wilkie

The Bank of New York Mellon Corporation has reported third quarter income from continuing operations applicable to common shareholders of $625 million...
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3rd quarter results for Citi


21 October 2010 New York
Reporter: Ben Wilkie

Citigroup has reported third quarter 2010 net income of $2.2 billion or $0.07 per diluted share, marking its third consecutive quarterly operating profit...
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3rd quarter results for Goldman Sachs


21 October 2010 New York
Reporter: Ben Wilkie

Goldman Sachs has reported net revenues of $8.90 billion and net earnings of $1.90 billion for its third quarter ended September 30, 2010...
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The Hedge Fund App


20 October 2010 San Francisco
Reporter: Justin Lawson

Merlin Securities, has announced the release of the Merlin Compass iPad application. Merlin Compass for iPad is a real-time analytics platform that provides portfolio managers with intraday performance, exposure and risk metrics.
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Hedge fund emerging manager platform launched


20 October 2010 New York
Reporter: Justin Lawson

Deloitte's asset management services practice has launched a global full-service hedge fund emerging manager platform offering a unique mix of traditional and non-traditional professional services across audit, tax, financial advisory and consulting.
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State Street announces 3rd quarter results


20 October 2010 Boston
Reporter: Ben Wilkie

State Street Corporation today announced third-quarter 2010 earnings, highlighting that securities lending finance revenue was down over 37 per cent on the 2nd quarter...
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Key milestone achieved for Euroclear


20 October 2010 Brussels
Reporter: Steven Lafferty

Euroclear launches key element in its communications infrastructure consolidation programme - the Common Communications Interface (CCI) - in Euroclear Bank, the international central securities depository (CSD).
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RBC buys BlueBay


19 October 2010 London
Reporter: ben Wilkie

RBC has agreed to pay some USD1.5bn for the takeover of British fund manager BlueBay Asset Management.
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Tazza new head of investor services


19 October 2010 New York
Reporter: Steven Lafferty

GlobeOp Financial Services appoints Philip Tazza as global head of Investor Services. Tazza will report to Vernon Barback, GlobeOp president and chief operating officer, and is based at the company's Harrison, New York office
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Developments in the CCP space


18 October 2010 London
Reporter: Justin Lawson

Omgeo and EuroCCP's new pan-European equities matching and central counterparty clearing (CCP) service for hedge fund transactions has executed a live trade with prime broker and executing broker, Credit Suisse, and hedge fund manager, Citadel.