State Street mandated by LME Clear as cash investment agent
Mandate will see the custodian support the clearing house’s cash reinvestment activity through global agency repo services.
Northern Trust mandates ICE ETF Hub to support US ETF servicing launch
Agreement will see ICE platform used for ETF primary market order workflows as Northern Trust builds out its US institutional ETF servicing capability.
State Street appoints former Google executive as chief data and AI officer
Executive joins from Google Cloud and previously held senior data and analytics roles at Bank of America, Merrill Lynch and KPMG.
BNY appoints new COO of wealth solutions
Executive previously served as COO of BNY Markets and has held senior roles at Deutsche Bank, JP Morgan and Deloitte.
RBC Investor Services participates in Canadian DLT bond issuance trial
Project Samara sees RBC, Bank of Canada, EDC and TD complete tokenised bond issuance and settlement using central bank money.
Citi issues digitally native structured note on Euroclear DLT platform
Transaction marks first wealth management structured note on Euroclear’s D-FMI distributed ledger infrastructure.
Asia
Fireside Friday with… Euroclear’s Philippe Laurensy
Euroclear’s Asia Pacific CEO Philippe Laurensy says securities services points to strong issuance, gradual market opening in China, and growing collaboration across the region’s fragmented markets as key trends in the region.
BNY, Coinbase named custodians for Morgan Stanley’s proposed Bitcoin ETF
Updated filing outlines custody arrangements as the bank expands its digital asset ambitions.
Saphyre and DTCC’s FICC link to support Treasury clearing mandate
Integration aims to streamline onboarding and documentation workflows as firms prepare for expanded central clearing requirements.
Fragmentation threatens digital asset scale, warn DTCC, Clearstream and Euroclear
The post-trade giants call for a ‘same asset, same rights, same outcome’ approach to linking TradFi and DLT.