HSBC Securities Services appoints new sales expert for Luxembourg business
HSBC has targeted Luxembourg as a key growth market for its securities services business.
News
Northern Trust eyes increased scalability after CEO admits missing targets
Northern Trust is in the midst of a multi-year strategy of digitising its asset servicing business, with the aim to increase profitability and scale.
HSBC trades first interest rate swap through CIBM clearing model
The bank acted as the counterparty and settlement agent for the interest rate swaps trade by Singapore investment firm Dymon Asia.
Trade association heavyweights step up call for regulators to delay CSDR buy-in regime
The consensus among both buy- and sell-side firms is that the mandatory buy-in regime will have significant negative implications on Europe’s capital markets.
State Street partners with FinTech platform to increase private markets access for clients
The collaboration allows State Street’s alternative fund manager clients to simplify and accelerate the launch of registered private market products.
BNY Mellon’s interim CEO shakes up asset servicing leadership
The shake-up gives three of BNY Mellon's most senior asset servicing executives new roles to expand product development and client management globally.
German central bank backs DLT for collateral management
Deutsche Bundesbank and Deutsche Boerse have outlined the several advantages DLT will bring to increasing the speed and availability of collateral.
Former State Street securities finance veteran joins ISLA
ISLA plans to fill a number of key senior positions this year that will enable it to deliver on several regulatory projects and market practice initiatives.
BNY Mellon extends interoperability model to tri-party collateral services
Interim CEO Todd Gibbons believes the interoperable model will help increase its global market share of the tri-party market.
Founding member of Morgan Stanley’s prime brokerage business to retire
The stalwart of Morgan Stanley's industry-leading prime brokerage business will retire after serving over 30 years with the US firm.