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Investors need to ready for the T+1 change in processing or risk unwelcome costs
...The “tempo of questions” from asset managers was “rising quite rapidly” as the go-live date for T+1 in the US nears, said Gerard Walsh, head of client solutions, banking and markets at Northern Trust....
...Gerard Walsh, London-based global head of capital markets client solutions at Northern Trust, explained that the current set-up leaves “an enormous amount of slack in the system” for people to process the...
...“For them, it’s better to put bums on seats and take on that cost than to run the risk of liquidity shortfalls,” said Gerard Walsh, head of client solutions at custody bank Northern Trust in London....
...Walsh at Northern Trust and this risk alert from the SEC explaining what its Orwellian-sounding Division of Examinations is thinking about the whole thing....
...In one recent case, “two Syrian men were granted refugee status and they are still sleeping rough”, said Jean-François Gerard, a lawyer with Freshfields active in the Legal Helpdesk....
...Job moves Willie Walsh is stepping down as chief executive of British Airways owner International Airlines Group after 15 years, handing the top job to Iberia’s Luis Gallego....
...Varo chief executive Colin Walsh said the 2.8 per cent rate was about “trying to stand out”....
...He abandoned his old party last year in protest at its increasingly nationalistic direction under its current leader Gerard Batten....
...This lends a humorous touch to Casimir’s account, for the benefit of a visiting academic, of the chair Gerard Manley Hopkins sat in and the footstool on which G.K....
...Gerard Walsh, a detective in the economic crime unit of the Irish police, said the inquiry was the most complex it had ever undertaken....
...Gerard Walsh, head of business development at Northern Trust Capital Markets, said: “We are starting to see capacity slowly but surely leaving the market, as was forecast.”...
...“The aggregators are trying to capture share of the research distribution market at a time when disruption is happening,” said Gerard Walsh, head of business development at Northern Trust Capital Markets...
...As Gerard Walsh, one of those market practitioners grappling with these changes, notes: “It’s a good thing that sunlight is entering areas where more transparency was needed....
...The decisions were announced as Jean-Sébastien Jacques prepares to take over as Rio’s new chief executive on Saturday from industry veteran Sam Walsh....
...On November 29, Westmount announced that Thomas O’Gorman – a director of Cove Energy until July 2009 – and Gerard Walsh were to be appointed to Westmount’s board....
...“This puts us back on a level playing field with the other two major alliances,” said Mr Walsh, who launched the venture in London with his counterpart at American Airlines, Gerard Arpey, and Iberia’s Antonio...
...View from the Top (video): BA’s Willie Walsh British Airways may focus more on development in Madrid if its merger progresses with Spanish airline Iberia, British Airways’ chief executive, Willie Walsh...
...Gerard Johnson’s Tony () is a British black comedy about a nerdish serial killer (Peter Ferdinando). Think of Peter Cook’s EL Wisty and equip him with a hatchet....
...Previous attempts at forming an alliance foundered after authorities said a substantial number of slots would have to be given up, but Willie Walsh, BA chief executive, has said he is confident that the...
...The airlines’ top executives, including BA’s Willie Walsh and American’s Gerard Arpey, were scheduled to meet with Mary Peters, US Transportation secretary, within the next week to seek her advice and feedback...
...Willie Walsh and Gerard Arpey, BA and American chief executives, along with Fernando Conte of Iberia, believe the competitive landscape has changed sufficiently to get them a much more sympathetic hearing...
...Willie Walsh, BA chief executive, and Gerard Arpey, his opposite number at American, may soon consider, however, that the competition map is changing so much that another attempt could be justified....
...Carriers must pay those fees on the fares they sell, no matter how cheap the ticket or how unprofitable the airline, Mr Walsh says....
...“Everything,” Walsh says, “is about customisation.” Youngsters want to tailor their boots to their own liking – a different colour on each foot if they wish....
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