Securities services veteran who spent three decades with BNY Mellon joins treasury and portfolio finance solutions provider.
The new role comes as a growing number of banks step up their exploration of DLT solutions and servicing tokenised assets.
HSBC has recently been named the securities services provider for several new landmark ETF launches across APAC.
The appointment of Northern Trust will support Kieger Group’s focus on expanding its range of sustainable funds aligned with ESG criteria.
State Street will expand its client coverage model, initially devised for its largest 50 buy-side clients, to 150 clients with AUM between $50-100 billion.
Custody and fund administrations assets rise 13% year-on-year as securities services firms seem to have performed well during Q3.
Two years after the $2.6bn acquisition of Charles River, State Street CEO Ron O’Hanley tells Global Custodian that the asset servicer’s front-to-back strategy is paying off, and also discusses growth areas, competition and collaboration.
BNY Mellon's Todd Gibbons explained investment into new data and analytics products will help expand new revenue streams.
The new ETF is the first of its kind in Hong Kong, and invests in a selection of regional Asia-Pacific REITs.
Custodian says one-third of new business wins stem from its front-to-back offering.