HSBC has targeted Luxembourg as a key growth market for its securities services business.
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.
The bank acted as the counterparty and settlement agent for the interest rate swaps trade by Singapore investment firm Dymon Asia.
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.
The collaboration allows State Street’s alternative fund manager clients to simplify and accelerate the launch of registered private market products.
The shake-up gives three of BNY Mellon's most senior asset servicing executives new roles to expand product development and client management globally.
Deutsche Bundesbank and Deutsche Boerse have outlined the several advantages DLT will bring to increasing the speed and availability of collateral.
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.
Interim CEO Todd Gibbons believes the interoperable model will help increase its global market share of the tri-party market.
The stalwart of Morgan Stanley's industry-leading prime brokerage business will retire after serving over 30 years with the US firm.