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Foley gets new role at RBC Investor Services


23 October 2012 London
Reporter: Mark Dugdale

Bill Foley has become the director of portfolio solutions for the UK and Middle East within the market products and services team at RBC Investor Services...
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FATCA prompts Americans to relinquish citizenship


22 October 2012 New York
Reporter: Georgina Lavers

American citizens who live outside of the US are increasingly considering renouncing their US citizenship as the government prepares to roll out FATCA, said the chief executive of a financial advisory firm...
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Flash crash reforms may not be enough


19 October 2012 London
Reporter: Mark Dugdale

Researchers have claimed that US ‘flash crash’ reforms will fail to avert another market meltdown unless they are coupled with new liquidity-based circuit breakers...
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Securities finance dips in State Street’s Q3 2012 results


18 October 2012 Massachusetts
Reporter: Georgina Lavers

State Street's Q3 2012 results revealed securities finance revenue of $91 million, a decline of 36.4 percent from Q2 2012. But revenue was higher than it was in the same quarter in 2011...
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CaIPERS appoints Eason as pension fund CFO


18 October 2012 Sacramento
Reporter: Jenna Jones

The California Public Employees Retirement System (CaIPERS) has hired Cheryl Eason as its CFO. In the newly created role, Eason will oversee the financial and risk management operations of the firm’s $243 billion pension fund...
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Shock resignation as Vikram Pandit leaves Citi


16 October 2012 London
Reporter: Georgina Lavers

In a surprising turn, Vikram Pandit has abruptly left Citigroup after rumours that there were clashes between him and the board over strategy...