ACI Council And Executive Committee Prepare Agenda For New York Meeting

ASSOCIATIONS

NEW YORK--Council and executive committee members of ACI--The Financial Markets Association (ACI) are gearing up for the group's biannual meeting, which will be held in New York this week.

The international delegates will convene at the Spring meeting of the Financial Markets Association--USA (FMA--USA), marking the first time in ACI history that the council and executive committee have met at a local event, rather than at an international congress.

The meeting will take place on April 14-16 at

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Banca Italease restructures after losses

MILAN – Banca Italease is to reorganise its risk management and control processes, following the announcement of a net loss of €686 million ($937 million) from its derivatives business.

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