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Software training in the Bronx

01 May 2014 New York
Reporter: Stephen Durham

A new software testing centre will bring 150 high-technology jobs to the Bronx in New York�봢quating to $5 million in wages in its first year alone...

Northern Trust receives SEC subpoena

30 April 2014 London
Reporter: Stephen Durham

Northern Trust has received a subpoena from the US 쮸떴눈첵 and Exchange Commission (SEC), seeking documents related to the bank�셲 securities lending activities, according to its latest 10Q filing...

The week's hottest stocks

30 April 2014 London
Reporter: Stephen Durham

With its latest list of the world�셲 hottest stocks, SunGard�셲 Astec Analytics highlights a mixed bag, including insurance technology, telecoms and a cement company...

Testing technology essential, says SunGard

28 April 2014 London
Reporter: Stephen Durham

A survey undertaken by SunGard Consulting Services has revealed concerns that the testing of day-to-day financial services systems is insufficient to protect against failure...

Banking agencies adopt final ratio

28 April 2014 Washington DC
Reporter: Mark Dugdale

The Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency have adopted a final rule to strengthen the leverage ratio standards for the largest, most interconnected US banks...

Hedge fund forward redemptions dip in April

24 April 2014 Connecticut
Reporter: Georgina Lavers

The SS&C GlobeOp Forward Redemption Indicator for April 2014 measured 3.23 percent, down from 3.81 percent in March...

Institutions look to the open range

23 April 2014 New York
Reporter: Georgina Lavers

Official institutions are looking to new markets and a broader range of assets as they search for greater returns, according to a new report by State Street...

Citco sells up Cork business to Clearstream

23 April 2014 Cork
Reporter: Georgina Lavers

Citco has sold its Irish hedge fund custody processing business to Clearstream...

Collateral dipped in 2013, finds ISDA

17 April 2014 Munich
Reporter: Mark Dugdale

The estimated amount of collateral in circulation in the non-cleared OTC derivatives market decreased 14 percent from $3.7 trillion at the end of 2012 to approximately $3.17 trillion by December 31 2013, according to ISDA's 2014 Margin Survey...

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