Market Infrastructure | July 27, 2017 11:25 AM GMTAsset managers seeking to consolidate their custodians, says State Street chiefCEO at State Street, Jay Hooley, speaks to Global Custodian following its Q2 earnings results.
AmericasJuly 28, 2017 10:13 AM GMTFDIC urges firms to plan for T+2Project plan priorities highlighted for firms getting reading for US move to T+2.
CustodyJuly 28, 2017 10:06 AM GMTNew mandates drives securities services surge at BNP ParibasSecurities services and assets under custody increased in the second quarter this year as BNP Paribas continues its drive for new business.
Fund AdministrationJuly 27, 2017 2:46 PM GMTPrime brokerage among top revenue fallers for Deutsche BankBalance sheet-intensive businesses, such as prime brokerage, have been at the forefront of the bank’s “selective reinvestment” programme.
CustodyJuly 26, 2017 1:38 PM GMT'Our restructuring is over' says Citi bossCitigroup’s restructure saw the headcount reduced by 40,000 over the past four years.
CustodyJuly 26, 2017 1:09 PM GMTState Street one deal away from topping BNY MellonState Street is potentially just one mega deal away from becoming the largest custodian by assets.
Market InfrastructureJuly 26, 2017 9:57 AM GMTPeru goes live with Euroclear foreign investor linkEuroclear has partnered with a number of Latin American countries to open up their capital markets.
CustodyJuly 25, 2017 11:30 AM GMTStandard Chartered hires HSBC Asia custody expert for securities servicesThe appointment is the second for Standard Chartered custody team in Asia this year, after reorganising the securities services business last July.
Fund AdministrationJuly 24, 2017 10:30 AM GMTClearstream targets streamlined fund operations for Swiss bankClearstream will collaborate with Edmond de Rothschild as the Swiss bank aims to simplify its third-party fund processes.
People MovesJuly 24, 2017 9:51 AM GMTBNY Mellon continues recruitment drive with senior alternatives hiresJamie Gleeson and Edwin Parker have joined BNY Mellon in senior positions across the alternatives division.
FeaturesJuly 24, 2017 9:15 AM GMTDigital securities come of ageDigital securities issues, where new blockchain-backed currencies are created for investors, are becoming popular with investors. Are we seeing the creation of a whole new asset class? Charles Gubert investigates.
TechnologyJuly 21, 2017 11:24 AM GMTBNY Mellon looks to evolve client pick up for NEXEN digital platformBNY Mellon has crossed the threshold of over a hundred thousand client and internal users on the NEXEN platform.
Market InfrastructureJuly 20, 2017 2:00 PM GMTEuroclear surpasses €1 trillion on Collateral HighwayEuroclear stated it will focus on progressing its growth initiatives in collateral, funds, and in international markets.
CustodyJuly 20, 2017 12:38 PM GMTNorthern Trust sees 15% boost in custody businessRevenues from custody and fund administration fees increased 12% in the second quarter.
CustodyJuly 20, 2017 11:25 AM GMTBNY Mellon sets consecutive custody record in Q2BNY Mellon estimated new custody mandate wins of $152 billion in the second quarter.
Market InfrastructureJuly 19, 2017 10:14 AM GMTNorthern Trust makes latest Brexit play with Luxembourg moveNorthern Trust creates EU banking presence in Luxembourg to serve continental European funds post-Brexit.
Securities FinanceJuly 19, 2017 9:55 AM GMTBNY Mellon wins sec lending mandate for $11 billion US pension fundBNY Mellon will provide securities lending service to Kentucky Retirement Systems having acted as its global custodian since 2013.
Market InfrastructureJuly 18, 2017 12:45 PM GMTCloudMargin partnership targets South African collateral efficiency boostCloudMargin and Strate have formed a partnership targeting increased tri-party and collateral efficiencies in South Africa.
FeaturesJuly 18, 2017 10:35 AM GMTFCA report targets reform for investment consultantsThe FCA’s Asset Management Market Study provided relief for asset managers while investment consultants were not granted the same treatment.
People MovesJuly 17, 2017 1:10 PM GMTBNY Mellon appoints former Visa chief as CEO in tech driveBNY Mellon has continued its technology strategy with the appointment of former Visa CEO Charles Scharf.
FeaturesJuly 17, 2017 11:36 AM GMTCiti hires regulatory expert to new role in custody teamThe US bank has named Sean Tuffy to a new regulatory intelligence role within the custody and fund services team.
Market InfrastructureJuly 17, 2017 10:17 AM GMTJP Morgan, Citi see growth in Q2 securities services revenueJP Morgan and Citi have recorded increased securities services revenues in successive quarters.
Market InfrastructureJuly 17, 2017 10:13 AM GMTClearstream gears up for CSDR implementationClearstream will apply for a new operating license this autumn as it readies for the introduction of CSDR.