Clearstream launches intraday tri-party repo service
New capability allows clients to execute tri-party repo transactions throughout the day as demand for flexible funding tools grows.
News
Association of Global Custodians names JP Morgan exec as chair
Appointment brings more than 25 years of industry experience across JP Morgan, HSBC and BNY to the position.
Custody
Société Générale to divest French retail securities services unit
Expected to be completed in 2028, the proposed deal with Crédit Mutuel Arkéa marks further strategic shift toward wholesale clients for SGSS.
LSEG launches TradeAgent to modernise derivatives processing
Developed with a consortium including Barclays, BNP Paribas, Citi and JP Morgan, the platform seeks to streamline cleared and bilateral workflows.
Clearstream and Euroclear go live with dematerialised Eurobond issuance services
ICSDs move to fully paperless issuance, marking a landmark step in the modernisation of the €15.3 trillion Eurobond market.
Northern Trust names new head of banking for EMEA
Executive takes on regional banking leadership in addition to global liquidity remit, drawing on prior experience at Barclays, JP Morgan, HSBC and Citibank.
BNY selected to support multi-year operating model optimisation at AllianzGI
Mandate will focus on global middle- and back-office solutions, custody, fund administration and depositary services.
ETF settlement fails remain high while ESMA flags stablecoin risks
Watchdog’s latest TRV Risk Monitor report links fail spikes to heightened trading activity in the wake of rapidly-changing US trade policies.
Alchelyst and Lyra Client Solutions complete merger
Joan Kehoe, founder and CEO of Alchelyst and former global head of alternative investment services at JP Morgan, will lead the combined company.
Proxymity enables digital voting for German issuers through Breukel tie-up
Several issuer agents have already adopted the solution, representing more than one third of all annual general meetings by German issuers.