Experienced executive brings over 25 years’ industry experience from the likes of Standard Chartered, Credit Suisse, Deutsche Bank and JP Morgan.
The collaboration aims to support market harmonisation, enhance automation and strengthen operational resilience ahead of regulatory changes set for 2027.
Fund aims to bring institutional structured credit on-chain, with Grove planning $100 million anchor investment.
The two market infrastructures are set to offer clearing members the option to settle Italian government bonds and repos cleared at LCH SA directly in Euroclear Bank from 2026.
The fund operates on Marketnode’s core tokenisation architecture, with a view to improving efficiency and connectivity.
Initial focus on a new Saudi collateral management service to enhance local market liquidity and automation.
Assets under custody and administration rise to €17.8 trillion on strong activity and new mandates.
Agreement aims to deepen international investor access to renminbi-denominated assets.
The Global Custodian Directory is a single access point to leading Service Providers.
Former chief technology officer for State Street Alpha also held roles at Morgan Stanley, Lehman Brothers, Adobe and Fidelity Investments.
The new office follows approval from Saudi Arabia’s Ministry of Investment and will oversee the firm’s operations and strategy across the region.
The TRADE sits down with Gary O’Brien, head of bank and broker segment strategy, securities services at BNP Paribas, to explore the upcoming shift to T+1 in Europe, how this may impact the industry, and look ahead to how this will align with further developments in the markets.
Assets under custody reached €42.5 trillion, marking a 2.4% sequential increase.
Agreement will see Aegon use Euroclear’s FundsPlace platform to streamline access to mutual funds for UK advisers.
The former custody and product lead brings over two decades of experience across European markets.
BNP Paribas, Deutsche Bank, JP Morgan and Morgan Stanley are among the banks taking a 20% ownership stake, in exchange for £170 million in the deal.