The Bank of New York (BNY) is joining forces with Eze Castle Software and GTCR Golder Rauner, a private-equity firm, to form a new company that will bring together BNY Securities Group�s trade execution, commission management, independent research and transition management businesses with Eze Castle Software. The new firm, BNY ConvergEx Group, will be established by the end of September, pending regulatory approval.

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There was a brief moment about six months ago when the asset management industry was saying nice things about the Committee of European Securities Regulators and expecting it to make co-operative noises in response to suggestions on how to create a more efficient European market.Please login or register to see the full article

If you want to invest in a fund that is not driven by market sentiment, London & Capital's long-only MarketGrader fund is an option.Please login or register to see the full article

Bank of New York (BNY) plans to start up a subcustody network in Serbia ââ?¬â?? a small landlocked country in south-east Europe.Please login or register to see the full article

UBS held on to its title of best investment bank for equity research for a sixth consecutive year at the Thomson Extel pan-European survey awards, beating off rivals Citigroup Global Markets and Merrill Lynch International.Please login or register to see the full article

Cross-border investment into Russia more than doubled from 2002-04, while 2005 also saw positive inflows, according to Standard & Poor�s.Please login or register to see the full article