Royal bank of canada (rbc)
Hetco hires top Tudor quant; Koch swipes LNG expert from BNP; Marex Spectron hires in Asia; DME recruits products and services head; RBC hires metals head
Grundmann joins JP Morgan from BNY Mellon; HSBC Securities Services appoints global head of transfer agency and distribution support; Northern Trust makes senior appointments
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
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Touchstone appoints BNY Mellon to four more funds as the year ends with a steady stream of securities services mandates
The shortlist has been announced for the Custody Risk European Awards 2012
Royal Bank of Canada has launched a six-month bear structure aimed at investors who think the Russell 2000 Index will stagnate or fall in the short term. No downside protection means capital is at risk if the index has risen by the closing date
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.