Algorithmics publishes the first comprehensive assessment of all the elements of Basel III, and finds them lacking in their conceptual approach to capital and liquidity.
In the last month Societe Generale Corporate & Investment Banking has continued its expansion into the Asia Equity space, announcing a series of senior appointments.
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a" of COPIC Insurance Company (COPIC) (Denver, CO).
UniCredit Bank Germany have appointed Sven Weinhold to the repo and collateral trading team. Weinhold will be based in Munich and joins on 1st October reporting to Arne Theia
Barclays Capital has made a series of appointments in its prime services as part of a drive to build up the servicing and financing business to hedge funds.
Northern Trust appoints Larsson and Norland as senior relationship managers in its Stockholm office, in line with the company's strategy of serving clients as close to their home market as possible.
The South Carolina Pension Fund is to create a management firm to look after its assets, in a move that could see it offering its own securities lending services...
SunGard has launched Asset Arena Investment Book, a new module of Asset Arena Investment Accounting which provides asset managers & servicers with simultaneous back- and middle-office views of investment portfolios.
The Federal Reserve Bank of New York has announced that the amount of net assets for money funds to be eligible to take part in reverse repo transactions has been halved...