The Bank of New York has been chosen by Jiway, the pan-European stock exchange for retail brokers, as clearing and custody agent in the US.

Jiway began offering trading in US stocks in December last year through Madoff Securities, which signed up as market-maker in Nasdaq 100 stocks and the S&P 500 stocks, traded on New York Stock Exchange.

Frances Maguire

The Bank of New York

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Fiera Capital managing partner Catherine O’Reilly exits

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The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

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Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

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Jugakalpa Das’ six-member pod will start trading for Sumo in July

Israel’s attack on Iran gave the greenback a boost after a long stretch of trouble. But the long-run prospects for the dollar don’t look good.

The shipments have propelled Ireland, a country of only 5.4 million people, to the second-largest goods-trade imbalance with the U.S., trailing only China.

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The satellite operator said the capital increase would support its strategy, driven by strong market momentum in the Low Earth Orbit-enabled connectivity market.

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The uptick was likely fuelled by easing price inflation and a cut to interest rates in May.

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The unprecedented pace of change brought by AI is forcing the software maker to reinvent itself, said Salesforce’s chief futures officer.

Salesforce Not Taking Survival for Granted in AI Era, Top Strategist Says

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BNY clears US securities for Jiway

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