Credit Suisse announced today that it has received a license from the Reserve Bank of India to establish a bank branch in Mumbai. This license enables Credit Suisse to expand it's offering in the Indian market.
Three proxy advisors are backing a proposal by the CalPERS to require directors of La-Z-Boy to stand for annual elections. Glass Lewis, Egan-Jones, and RiskMetrics endorsed Proposal 4, annual shareowners' meeting is on August 18.
EuroCCP and J.P. Morgan Worldwide Íø±¬³Ô¹Ï Services announced today that J.P. Morgan has become a general clearing participant (GCP) in EuroCCP, which provides clearing and settlement services for a wide range of European markets.
Kevin Wade has been appointed to the new position of head of investments at the Superannuation Arrangements of the University of London (Saul), the pension scheme of the university...
Matt Kiraly has been appointed head of sales for Asia-Pacific at HSBC Prime Services. He will be responsible for the sales and marketing of the Pime Services business in Asia, based in Hong Kong...
The Options Clearing Corporation (OCC) announced today that total OCC cleared volume in July reached 279,245,228 contracts, representing a 9% decrease over the July 2009 volume of 307,085,331 contracts.
In July 2010, the value of assets under custody held on behalf of customers by Clearstream registered an increase of four per cent to EUR10.8 trillion (compared to EUR10.4 trillion in July 2009).
RBC Dexia IS this week announced it has been appointed by Northern Providence Investments to provide custody, fund valuation and shareholder recordkeeping for that company's entire family of 14 SRI (socially responsible investment) funds.
Life is good in Chicago as OneChicago, LLC ("OCX") reported reported some fantastic figures showing that 599,564 security futures contracts were traded at the Exchange in July 2010, an increase of 99% from July 2009. Year to date volume was 2,591,742