Buy-side COOs expand roles to reach transformation goals, finds BNP Paribas
New research shows COO's influence stretching beyond the back-office as over half of respondents in Asia Pacific rank transformation as their top priority.
Custody
Northern Trust signs up $44 billion pension fund to front-to-back solution
The mandate suggests larger-sized asset owners and asset managers now see outsourced trading as a viable solution for their investment operations.
Custody
Vote for your Network Manager of the Year 2020
Global Custodian has released the longlist of nominations for this year's inaugural Network Manager of the Year Award, to be presented at the Leaders in Custody awards dinner.
State Street and BNY Mellon outline their stance on digital assets and why they are not ignoring the phenomenon
Should the regulatory, legal and risk frameworks come into place for digital assets, State Street and BNY Mellon plan to be there to offer services for their respective clients.
HSBC appointed custodian by Chinese fund giving access to Vietnamese capital market
Tianhong Asset Management’s QDII fund gives Chinese investor access into Vietnam’s booming capital market.
Custody
Global Custodian launches careers hub for post-trade industry
New ‘Industry Jobs’ section is now live with a range of global post-trade securities services roles listed for our readers.
Coinbase launches international crypto custody offering
Despite being known predominantly as a retail trading platform, Coinbase is looking to attract institutional investors with its new European cryptocurrency custody offering.
Deutsche Bank combines leadership of securities services and agency lending after exits
The appointments follow a flurry of departures from the bank’s securities lending leadership team, with its global and regional heads recently joining MUFG.
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.