BNP Paribas completes integration of HSBC hedge fund admin business
Client and staff migration follows 2023 agreement to absorb hedge fund servicing unit.
Client and staff migration follows 2023 agreement to absorb hedge fund servicing unit.
The partnership aims to digitise and streamline onboarding as part of wider client lifecycle transformation.
Experienced executive will lead the firm’s asset servicing business in Canada.
This week’s fund services round-up features SS&C GlobeOp, U.S. Bank, Suntera Global, Euroclear and Apollo, Ultimus Fund Solutions, Yealand Fund Services, TMF Group, and Ogier Global.
Securities services veteran has spent 25 years in senior roles across HSBC and Deutsche Bank in Frankfurt, London, Singapore, Hong Kong and New York.
Partnership will see the Singapore-based sovereign wealth fund support Citco as it continues to scale its offering.
Leadership transition occurs the same week the fintech’s chief product officer stepped away.
Mandate supports Future Growth Capital’s private markets push for UK pension schemes.
New hire brings regional expertise amid ongoing buildout of financing and collateral services.
Former JP Morgan and Goldman Sachs securities services specialist steps down from fintech role less than a year after joining.