HSBC appoints new global head of securities services from Citi

Experienced lead to depart from RBC I&TS ahead of the sale of the firm’s European operations to CACEIS.
The week’s round up of fund administration news features Alter Domus, Apex Group, Gamma Fund Services, IQ-EQ and Ultimus.
In the 2022 Japan proxy season, 1,654 companies listed on the Tokyo Stock Exchange participated in the platform, representing 90% of the companies in that market.
Awarding of QFI status follows MOU signed by Clearstream and the Korea Securities Depository in December 2022.
The bank will provide custody and administration services along with regulatory and sustainability reports.
ASIC looks into the post-trade replacement project which ASX walked away from in its current form after six years of work.
Developed with Appian, the platform is designed to provide managers with enhanced efficiency and oversight.
New CFO also joins DTCC with a wealth of experience at the likes of State Street and BNY Mellon.
Launched in partnership with Sharegain, the solution digitises and automates the whole securities lending lifecycle.
POB is a public sector scheme dedicated to the library sector in the Netherlands with approximately 25,000 members.
Hire brings 30 years of financial services experience to the role, including 14 years at HSBC.
Global custodian follows rivals BNY Mellon and Citi in adopting Proxymity services this month.
Determining the root cause of fails and extracting accurate data cited as the two biggest concerns for managers in new Gresham Technologies report.
New platform has been designed to optimise clients’ collateral management positions.
The development bank of Latin America and the Caribbean will utilise BNP Paribas as agent lender for its $1.3 billion portfolio.