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SSgA to Acquire Bank of Ireland Asset Management


22 October 2010 Boston
Reporter: Steven Lafferty

State Street Global Advisors (SSgA), announced today that it has agreed to acquire Bank of Ireland Asset Management (BIAM) for consideration of approximately EURO57 million.
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Subdued results from TradeStation


21 October 2010 New York
Reporter: Ben Wilkie

TradeStation Group has reported 2010 third quarter net revenues of $29.6 million, net income of $3.1 million, and earnings per share of 8 cents...
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Â鶹´«Ã½ Lending survey ranks CIBC Mellon 1st in four categories


21 October 2010 Toronto
Reporter: Justin Lawson

CIBC Mellon Global Â鶹´«Ã½ Services Company placed No. 1 in four categories in one of the industry magazine's 2010 Equity Lending Survey. The company also ranks fourth overall (unweighted) among the world's largest global securities lending
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China to let brokerages borrow stocks and cash


21 October 2010 Shanghai
Reporter: Ben Wilkie

China plans to allow brokerages to borrow stocks and cash to fund their margin trading and short selling business, the Shanghai Â鶹´«Ã½ News has reported...
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BNY Mellon 3rd Quarter results


21 October 2010 New York
Reporter: Ben Wilkie

The Bank of New York Mellon Corporation has reported third quarter income from continuing operations applicable to common shareholders of $625 million...
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3rd quarter results for Citi


21 October 2010 New York
Reporter: Ben Wilkie

Citigroup has reported third quarter 2010 net income of $2.2 billion or $0.07 per diluted share, marking its third consecutive quarterly operating profit...
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3rd quarter results for Goldman Sachs


21 October 2010 New York
Reporter: Ben Wilkie

Goldman Sachs has reported net revenues of $8.90 billion and net earnings of $1.90 billion for its third quarter ended September 30, 2010...
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Hedge fund emerging manager platform launched


20 October 2010 New York
Reporter: Justin Lawson

Deloitte's asset management services practice has launched a global full-service hedge fund emerging manager platform offering a unique mix of traditional and non-traditional professional services across audit, tax, financial advisory and consulting.
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State Street announces 3rd quarter results


20 October 2010 Boston
Reporter: Ben Wilkie

State Street Corporation today announced third-quarter 2010 earnings, highlighting that securities lending finance revenue was down over 37 per cent on the 2nd quarter...
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RBC buys BlueBay


19 October 2010 London
Reporter: ben Wilkie

RBC has agreed to pay some USD1.5bn for the takeover of British fund manager BlueBay Asset Management.