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NAB has confirmed it is on track with the wind down of its asset servicing business, including helping its existing clients in selecting a new custodian. ....
Cancellation of State Street’s acquisition of Brown Brothers Harriman’s investor services unit points to less than favourable climate for financial ma. ....
The winding down of NAB Asset Servicing is expected to take around three years. The only major domestic bank to still provide custody services, NAB, has decided to wind down the NAB Asset Servicing b ....
Heavy fine, penalties for S.I. tech firm chief who cheated Brooklyn Catholic schools Updated Apr 09, 10:00 AM; Posted Apr 09, 10:00 AM John Comito, of the South Beach-based AutoExec Computer Systems Inc., provided inadequate or no technological services to 26 schools in the Diocese of Brooklyn, said officials. Facebook Share But the good news for John Comito is he’s not going to jail. Comito, 69, was sentenced Wednesday in Brooklyn federal court to five years’ probation in addition to the monetary penalties for wire fraud. The defendant, the chief executive officer of AutoExec Computer Systems Inc., was busted in December 2019. In announcing his arrest, authorities accused Comito of two counts of mail fraud and one count of wire fraud with respect to the E-rate program. ....