Hong Kong: "Greater Attention" Paid to Back-Office Outsourcing

Brokerage firms in Hong Kong are becoming more open to back-office
outsourcing strategies as a way of returning focus to core competencies,
according to a survey of more than 100 firms in Hong Kong by BNP Paribas and
Swift. The survey focused on back-office outsourcing and where to draw the

Barnaby Nelson, Hong Kong-based head of business development (Asia) at BNP
Paribas Securities Services, says there is more talk about all types of
outsourcing today than ever before.

In fact, 13% of respondents

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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