Taskize business development manager departs after 10 months
Exit follows a decades-long career in network management at Credit Suisse.
Citi taps Fenergo to digitise parts of its European TA operations
Bank expands on digital transformation agenda with client lifecycle management integration.
State Street names new chief information officer
Former JP Morgan, PayPal and McKesson executive to lead State Street’s technology strategy.
Custody
State Street’s big Q2 included $1 trillion in new AUC/A wins and a record pipeline
Ron O’Hanley, CEO of State Street highlights strong pipeline and evolving digital asset plans: “We need to be there – first as a servicer, secondly as a bank.”
Northern Trust and Swift start tokenised finance project in Australia
Pilot aims to demonstrate integration of digital assets with traditional banking infrastructure.
Citi posts 11% securities services growth in Q2 as AUC/A rises to $28 trillion
Growth driven by higher deposit volumes and fees, as Citi joins other top three custodians in posting double-digit growth.
BNY posts double-digit securities services growth in Q2 as AUC/A surge to $55.8trn
Growth underpinned by gains in asset servicing and issuer services, as BNY adds mandates across digital assets and Saudi expansion.
Citi’s global head of securities services technology departs to join Wells Fargo
Executive exits after 24 years at Citi, taking on a new technology leadership role at Wells Fargo.
HSBC joins UK digital securities sandbox
Approval enables testing of digital issuance, trading and settlement under live regulatory conditions
SEB partners with S&P Global to modernise custody operations across Nordics
Cloud-based platform to streamline post-trade processing and asset servicing functions.