The Financial Conduct Authority (FCA) has fined Deutsche Bank AG London Branch GBP4,718,800 for incorrectly reporting transactions between November 2007 and April 2013. Deutsche failed to properly report 29,411,494 equity swap CFD (contracts for difference) transactions. The
Societe Generale Securities Services (SGSS) has extended its clearing licence with SIX x-clear the clearing entity of SIX Securities Services, becoming, in the process, a General Clearing Member on UBS MTF, the multilateral trading facility. SGSS continues to expand
Calastone, the global funds transaction network, has appointed James Colquhoun, former chief financial officer of AOL’s European operations, as its new chief financial officer. Colquhoun joined AOL from branded video distribution company goviral, which was acquired by AOL in January 2011.
Man, an alternative investment management business, has opened its first office to service the Dutch market.
Gar Wood Securities and Axxcess Wealth Management have formed a strategic relationship and joint marketing effort to introduce emerging US hedge fund managers to institutional clients, ultra-high net worth individuals and family offices. The combined effort increases the manager talent
Hugo Bain, Senior Investment Manager at Pictet Asset Management outlines the findings of his recent trip to Russia… Ukraine and pro-Russia rebel forces agreed a ceasefire on 5 September, the first step towards ending a five-month conflict in eastern Ukraine.
Securities and Exchange Commission chairman Christopher Cox has convened a teleconference meeting of the technical committee of the International Organisation of Securities Commissions on
SmartStream Technologies has hired Tom Dalglish to manage transformation projects for post-trade processing and data management services for global clients. Initially he will be responsible for managing the back-office transformation programme with one of Europe's largest banks. Dalglish has
Aviva Investors, the global asset management business of insurance group Aviva, has appointed Marcus Shepherd as real estate finance director.
Object Trading has received certification of conformance to the IntercontinentalExchange (ICE) for UK derivative products and is ready to support clients through the trading access migration from NYSE Liffe to the ICE trading platform. Clients will be able to continue
