Search Results for: Mellon Corp
Argentina Tests U.S. Court Order by Posting Interest Payment
June 27th, 2014
Argentina is challenging U.S. Courts to enforce a ruling that will block $539 million of an interest payment and trigger a new bond default. Economy Minister Axel Kicillof said the South American nation complied with its foreign debt obligations ...
Currency Carry Trades Rise in ECB’s Negative-Rate World
June 10th, 2014
Mario Draghi is becoming one of currency traders’ only friends. With the $5.3 trillion-a-day foreign-exchange market poised to deliver its worst first-half returns on record, the carry trade is about the only way traders are making money by exploiting ...
Northern Trust Reports SEC Subpoena on Securities Lending
April 29th, 2014
Northern Trust Corp. (NTRS), the third-biggest independent custody bank, said it received a subpoena from the U.S. Securities and Exchange Commission in April related to the company’s securities lending. “Northern Trust will fully cooperate with the SEC in this ...
Artificial intelligence, or can machines think?
May 11th, 2018
Artificial intelligence (AI) is seen as both a boon and a threat. It uses our personal data to influence our lives without us realising it. It is used by social media to draw our attention to things we ...
FlexTrade appoints Chief Operating Officer
March 30th, 2017
FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, today announced the appointment of Vishal Pandya as Chief Operating Officer (COO). In this newly created position, Pandya will serve as a member of FlexTrade’s executive ...
Thomson Reuters to acquire Clarient Global and Avox Limited
February 7th, 2017
Thomson Reuters has signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a leading global Know Your Customer (“KYC”) and client reference data platform owned and used by the Depository Trust & Clearing Corporation (“DTCC”), ...
Enforcement Director Andrew J. Ceresney to Leave SEC
December 9th, 2016
The Securities and Exchange Commission today announced that Enforcement Director Andrew J. Ceresney will leave the agency by the end of the year. During his nearly four years as head of the agency’s largest division, Mr. Ceresney implemented approaches ...
Fiserv Names Jim Grech Chief Information Officer
November 2nd, 2016
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Jim Grech has been named chief information officer, effective November 7, 2016. Grech succeeds Clifford (Cliff) Skelton, who will move into a new role after nearly five ...
Bitcoin Technology Tested In Trial By 40 Big Banks
March 3rd, 2016
The technology behind Bitcoin is starting to make progress on Wall Street. By December, financial technology company R3 CEV had brought together a consortium of 42 banks to create standards and protocols for using blockchain technology in financial services. ...
Deutsche Bank: It’s time to buy gold
February 29th, 2016
Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday. The recovery since the global and European financial crises had put theprice of gold under some pressure. The ...
