Hartford Financial Services group has shut down its annuity business, pursuing a sale or other options for its individual life insurance, retirement plan and broker-dealer businesses...

Wachovia Global Securities Lending (WGSL) have announced the following business development appointments. These new hires are part of an effort to enhance marketing efforts, expand sales initiatives, and deepen client relationships.

In its recent submission to the Basel Committee on Banking Supervision's consultative document, 'International framework for liquidity risk measurement, standards and monitoring', Algorithmics has cautioned against the danger

J.P. Morgan's Worldwide Securities Services business recently announced that it has been mandated to provide third party securities lending services on behalf of Mediolanum, the Italian financial services firm, for a selection of their Luxembourg and

Patsystems is pleased to announce that Nihon Unicom Inc., a commodity futures broker in Japan, has launched a new Patsystems offering utilising Patsystems' Application Service Provider (ASP) facility in Tokyo.

IntegriDATA, announced the launch of a SaaS (Software as a Service) version of its CAARS Collateral Management System, including an option for full business process outsourcing (BPO). CAARS addresses challenges associated with collateral management

J.P. Morgan has reported second-quarter 2010 net income of $4.8 billion, compared with $2.7 billion in the second quarter of 2009...

The Securities and Exchange Board of India (Sebi) is to allow the two Mumbai stock exchanges to begin physical settlement in the derivatives markets, alongside the current cash settlement system...