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SS&C Technologies Holdings has completed its acquisition of BDO Simpson Xavier Fund Administration Services Limited, in Dublin, Ireland.

First Trust Advisors has selected JPMorgan to sponsor 21 exchange-traded funds it is listing on the Mexican stock exchange, Bolsa Mexicana de Valores.

Bank of America Corp.'s executive shuffle this week supports what the beleaguered conglomerate has been telling investors for weeks: it will keep selling unwanted bits of the company and hold on to major business units.

Bank of America executives are mulling a restructuring plan that would lop off as many as 40,000 jobs in its first phase, according to a Wall Street Journal report citing sources familiar with the discussions.

The Securities and Exchange Commission is in the early stages of a major examination into the operations of hedge fund companies and investment banks that engage in high-frequency trading.

SS&C Technologies Holdings has completed its acquisition of BDO Simpson Xavier Fund Administration Services Limited, in Dublin, Ireland.

The Securities and Exchange Commission this week said it’s in the early stages of a major examination into the operations of hedge fund companies and investment banks that engage in high-frequency trading.

Fair value is of particular importance amid the heightened market volatility, according to a new report from Interactive Data Corp. This is particularly true of international equities, the firm said, basing its findings on a survey of fund companies.

Recent market calamities will continue to put a damper on asset growth and margins, as investors are likely to continue to embrace more conservative, lower-fee investment choices, Kasina predicts.

At a time when jobs are hard to find and raises are paltry, employers are looking to their 401(k) plans to better serve their workers. And, according to Charles Schwab, many employers are adding plan features to drive participation and savings.

Fidelity Investments’ RIA custodian business has announced a new tool, Technology Investment Evaluator, to help advisors run their businesses more efficiently.

Most analysts and economists believe the Federal Reserve Board is practically compelled to do something to help boost the economy when it meets later this month. If and when the Fed makes a move, it will likely have a negative impact on bond funds.

Genworth Financial Wealth Management appointed former Citibank and Charles Schwab executive Myra Rothfeld as its chief marketing officer.

First Republic Bank has hired Matt Krusko as a managing director and wealth advisor for its investment management, trust and brokerage unit in New York.

Neuberger Berman has introduced the Neuberger Berman Global Equity Fund and the Neuberger Berman Global Thematic Opportunities Fund, complements, the firm says, to the Neuberger Berman Global Allocation Fund introduced in June.

At a time when jobs are hard to find and raises are paltry, employers are looking to their 401(k) plans to better serve their workers.

Broadridge has acquired Paladyne Systems, a provider of front-, middle- and back-office trading platforms for multiple asset classes, for $76.5 million. Paladyne also provides portfolio management tools, pricing and valuation applications, data warehousing and data aggregation and reporting.

State Street Corp. has launched a derivatives clearing service, complete with a swaps clearing platform. With this launch, State Street now offers a complete, end-to-end derivatives solution, complete with servicing, custody, accounting, collateral management, valuation, risk controls and analytics.

As registered investment advisors and fee-based advisers are challenged by increasing market volatility and declines, they are turning to alternative investment classes and tactical allocation to protect their clients’ portfolios. This was the major finding of a survey of 500 professionals by Jefferson National.

While financial services issues are no longer on the front burner on Capitol Hill, several high profile topics this fall are likely to impact banks, especially any efforts to revitalize the housing market.