AU$12 billion superannuation fund HOSTPLUS has swapped custodians from J.P. Morgan to Citi. Watch the video
Nadine Chakar of BNY Mellon discusses everything you need to know about the firm's new CSD Watch the video
Global Custodian honored top rated and commended service providers at our annual Awards for Excellence, March 13, at The Savoy in London. View the Gallery
The global push for mandatory clearing of OTC derivatives contracts continues. Read Full Story
Roundtable
Thought Leadership
Management consulting firm Doran Jones recently hired Lou Lebedin, Duncan Rawls and Jerry Muldoon to its executive management team. CEO and founder Matt Doran says the hires represent the next phase of growth in the company, which will focus on providing a bespoke business, operational and technology solutions for buy side and sell side firms. more
Hedge Fund Solutions will be rebranded and its name will be changed to North Street Global Fund Services. more
Societe Generale Securities Services has been retained by Rinascimento Sicav to act as its local transfer agent in Italy. more
National Settlement Depository (NSD), the Russian central securities depository, has signed a memorandum of understanding with REGIS-TR, the European trade repository, for the mutual exchange of information and to set the stage for further cooperation between their respective trade repositories. more
LHI Leasing has chosen CACEIS as depot bank for the closed-end funds under the Alternative Investment Fund Managers Directive (AIFMD) and its national enactment in the German Capital Investment Act (KAGB). more
On Friday Credit Suisse said it was exiting transition management with the closure of its American business by the end of the month. Yesterday, J.P. Morgan confirmed it is exiting the business in all regions except Asia Pacific. more
BNY Mellon has signed a framework agreement with the Eurosystem to allow it to outsource settlement to the T2S settlement platform, which is set to go live in June 2015. more
On the day of announcing its full year results, the London Stock Exchange Group (LSEG) said it wants to focus on capturing more of the €800 million settlement market in the eurozone as it prepares for TARGET-2 Securities (T2S), the harmonized settlement platform for securities in Europe. In an interview with Global Custodian, Paolo Cittadini, CEO of Monte Titoli, the LSEG’s CSD subsidiary outlines how it will do this. more
Warwick Capital Partners, a London-based investment manager with approximately $800 million of assets under management, has appointed Wells Fargo Global Fund Services to provide daily fund administration and outsourced middle- and back-office operations solution for its latest fund. more
The upgrading of Turkey by ratings agency Moody’s has been welcomed by service providers such as Clearstream. more
Pershing Advisor Solutions and BNY Mellon's Wealth Management Advisor Custody Group have joined forces to offer a single-service integrated bank and brokerage custody offering for wealth management adviser clients. more
Bank of America Merrill Lynch has launched a Cuenta Controlada (controlled account) service in Mexico for Mexican pesos and U.S. dollar transactions. more
Treasury and capital markets software provider Calypso Technology has opened an office in Beijing to service domestic and international institutions across the region. more
Citi has been awarded a new mandate to provide hedge fund administration services to NWI Management, a New York-based investment adviser. more
Thailand's SCB Asset Management has selected the Charles River Investment Management Solution Version 9 (Charles River IMS) and broker-neutral Charles River FIX Network for automated portfolio management, electronic trading and execution management, and compliance monitoring. more
BNP Paribas Securities Services has hired Annalisa Winge Bicknell as regional head of sales and relationship management for Institutional Clients. more
Temasek, the investment company owned by the Singapore government, has made a “significant equity investment” in global financial information services company Markit. more
Will T2S be delayed (yet again) beyond the June 2015 target implementation date?