Russian bank gains regulatory approval to operate in the UAE and is awaiting final approval to open an office in Abu Dhabi.
ISSA's Phil Brown and Vicky Kyproglou discuss their vision for the organisation, and how the industry body plans to react to the ‘new normal’ in a post-COVID 19 world.
The mandate follows the recent enhancement of UMB Institutional Custody’s trading platform capabilities by adding Broadridge’s Matrix Financial Solutions.
Deutsche Bank will support the broking firm’s institutional clients with custody and settlement services for its Turkish fixed income securities.
The new appointments will aim to bolster Northern Trust's operations in Saudi Arabia and the wider Middle East and Africa region.
RBC I&TS will provide custody and investment administration services for the Presima Yield Fund.
The partnership with Calypso will enhance Apex’s ability to provide independent middle and back-office services to clients.
The license also makes Citi the first among the top five global custodians to win approval to set up shop in China.
BNY Mellon has bolstered its business in the region with several strategic hires over the past few years.
Front-office unit continues to grow in clients and personnel as Northern Trust bolsters team.