TMF Group hires new head of fund services for China from State Street
The appointment is the latest in a string of hires by TMF Group as it looks to bolster its global fund administration capabilities with seasoned experts.
News
Former BNY Mellon liquidity and collateral expert joins Hazeltree
Securities services veteran who spent three decades with BNY Mellon joins treasury and portfolio finance solutions provider.
ECB says ‘major incident’ hit TARGET2 system, settlements
ECB confirmed it suffered a major incident that impacted TARGET2 settlements, while T2S liquidity transfers were also affected.
Ultimus Fund Solutions co-founder to retire
Mutual fund industry veteran Bob Dorsey will retire 20 years after co-founding Ultimus Fund Solutions in 1999.
Apex wins admin mandate from Egyptian private equity fund
Apex Group will provide investor reporting, accounting, corporate and compliance services for the LCP II fund.
Long-serving BBH custody product head joins DTCC
The addition will help support several of DTCC’s projects as it seeks to transform the securities post-trade process.
The Carlyle Group to buy majority stake in Calastone
Funds affiliated with The Carlyle Group will support Calastone in accelerating its growth, including broadening its product suite and international expansion.
Finastra and CloudMargin collaborate for collateral management-as-a-service
The two vendors will offer a joint solution facilitating end-to-end straight-through processing of derivatives transactions and collateral management workflows.
Citi appoints custody product specialist to new global DLT role
The new role comes as a growing number of banks step up their exploration of DLT solutions and servicing tokenised assets.
HSBC named securities services provider for first Hong Kong-Mainland China ETF cross listing
HSBC has recently been named the securities services provider for several new landmark ETF launches across APAC.