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Showing 611 - 620 of 799 results for "Custody"

JP Morgan appoints head of transition management

RACHEL DAVIS  |  TUESDAY, 13 SEP 2011
... efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, WSS has $16.9 trillion in assets under custody and $7.5 trillion in funds under administration.

BNP Paribas closes in on $130bn AMP/AXA mandate

ELISE BURGESS  |  TUESDAY, 6 SEP 2011
BNP Paribas Securities Services is completing due diligence to secure the entire $130 billion custody mandate from the merged AMP/AXA Asia Pacific Australia and New Zealand. BNP Paribas has managed AMP's custody contract for the last nine years and ...

Northern Trust MD changes hands

ELISE BURGESS  |  THURSDAY, 1 SEP 2011
Paul Cutts, managing director for global custody provider, Northern Trust in Australia and New Zealand, will leave the local role for an international position and will be replaced internally by Rohan Singh. Cutts will be country head for the Channel ...

Trio chair ban and Richard jailed

ELISE BURGESS  |  FRIDAY, 12 AUG 2011
... Astarra, Shawn Richard, was found guilty of dishonest conduct and sentence to 2 years and six months behind bars in protected custody and an additional 15 month good behaviour bond. Additionally, over the past five weeks the Australian Prudential Regulation ...

Astarra director convicted by NSW Supreme Court

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
... on financial planning which was later overturned by the Administrative Appeals Tribunal. Richard has been remanded in custody and is scheduled to be sentenced on August 12.

Earnings up but jobs cut at State Street

ALISON BEVEGE  |  WEDNESDAY, 20 JUL 2011
... reportedly fell by 93c or 2.2% to US$42.02 by 4.15pm New York time on the NYSE. State Street is regarded as the third biggest custody bank, behind BNY Mellon and JPMorgan Chase & Co.

BNP Paribas gains Aust banking licence

ELISE BURGESS  |  FRIDAY, 8 JUL 2011
... granted a banking licence by the Australian Prudential Regulatory Authority. The licence will allow the bank to provide custody and clearing solutions from 2012 onwards, specifically targeting potential new clients in non-resident banks and broker dealers ...

Citi wins fund administration mandate

MATT WOODINGTON  |  THURSDAY, 7 JUL 2011
... system. Citi launched a fund administration service in Australia in 2009 and had amassed US$135 billion in assets under custody by the end of 2010. "The mandate recognises Citi's ability to provide multi-regional and end-to-end processing services for ...

State Street secures REST lending deal

MATT WOODINGTON  |  WEDNESDAY, 8 JUN 2011
... equity investments. In January, State Street and REST signed a long-term superannuation servicing agreement that covers custody, fund accounting and complex tax services. "Securities lending is an area where funds with extensive domestic and global holdings ...

Schroders move $25bn to single platform

ELISE BURGESS  |  TUESDAY, 31 MAY 2011
... constraints to Sydney based portfolios with the Dimension platform providing a bi-annual update and moving away from legacy custody-based systems. Australia is the final country to be moved onto the business's Singapore-based investment management system ...