

LATEST NEWS
U.S. Bank appoints new president for global corporate trust and custody business
U.S. Bank names a 20-year veteran and its current corporate treasurer to take on the role of president for the global corporate trust and custody business.
Northern Trust’s chief strategy officer and securities services legend Penny Biggs to retire
Recipient of Global Custodian’s Lifetime Achievement Award in 2019 calls time on 35-year career in securities services.

Fund administrators: Rethinking what constitutes digital competency
Proprietary technology rarely if ever or creates the ROI or differentiation service providers anticipate; a new “curated” approach to innovation is helping independent administrators refocus on their core value proposition, according to Goji CEO David Genn.
Fireside Friday with… Societe Generale’s Stewart Gladstone
Covering some of Europe’s emerging markets, Stewart Gladstone, head of segment and solutions, banks and financial institutions at Societe Generale Securities Services, is calling for some of the positive changes from the COVID-19 environment to become permanent features.
BNY Mellon named as fund administrator for SkyBridge’s expected Bitcoin ETF launch
Upon final regulatory approval of the ETF, BNY Mellon will provide ETF basket operations, order taking, fund accounting, fund administration and transfer agency services.
State Street to take on M&G middle-office through BlackRock Aladdin
Custodians are now more willing to use the third-party front- and middle-office platform of their client’s choice for large asset servicing deals.
HSBC supports launch of Daiwa Asset Management’s first ETF under China-Japan Connect scheme
The move by Daiwa AM could revitalise investment activity conducted on the China-Japan ETF Connectivity scheme.
Sanne to acquire Dallas-based fund administrator
Fast-growing fund administrator adds $20 billion in assets through acquisition.
Citi incorporates ESG scores to securities services data platform
The move will allow Citi's asset manager and owner clients to analyse the sustainability exposure of their holdings at the portfolio and security level.
MORE NEWS
Securities industry unwilling to support big bang migration to ISO 20022
The report from ISSA shows a continued reticence to embrace the new standard as an alternative to the well-entrenched ISO 15022.
Paxos completes same-day settlement in US equities market for Credit Suisse and Instinet
The exercise between Credit Suisse and Nomura's Instinet demonstrated the ability for firms to execute and settle US equities trades conducted throughout the day.
MUFG bolsters securities lending desk again with hire from Deutsche Bank
The Global Securities Lending Solutions (GSLS) Group within MUFG continues to grow as market revenues swing in Q1.
Former BNY Mellon depositary receipts head for EMEA joins NatWest TDS
NatWest continues to add experience to its ranks with hire of former BNY Mellon managing director of depositary receipts.
Securities finance revenues jump 10% in Q1 as statistics point to rebound year
Uptick in securities finance revenues follows tough 2020 for the sector when pandemic impacts took hold.
Asset owner expert joins Alter Domus from State Street to launch new division
Former State Street, BNP Paribas and Deutsche Bank executive joins up with fund administrator which recently hit $1 trillion in AuA.
Fireside Friday with…. HSBC’s Adnan Hussain
Emerging markets are attracting increased securities lending activity from international investors as beneficial owners seek new revenue streams, and positive developments in China and Saudi Arabia are fuelling this further, according to Adnan Hussain, global head of securities lending at HSBC.