Citi was the first US bank to offer client swap clearing through Eurex, and eight funds have joined Citi to use the service.
Paul Camp, CEO of treasury services, has been appointed to the executive committee, just six months after joining the world’s largest custodian.
Global Custodian looks at the recent MOUs’ between the UK and EU financial regulators and their implication for securities markets.
The securities finance division was one of the worst performing business units for State Street in 2018.
The guide will provide investment managers a global perspective when thinking about their own best practices for outsourcing.
The move makes Deutsche Bank the first of the major global banks to adopt cloud technology for collateral and margin management.
A number of custodians and asset servicing providers have trialled using blockchain platforms to process fund transactions.
The AIS division has fast emerged as a key strategy area for the bank’s fund administration business as it looks to target alternative investment managers.
However assets under custody for the French bank fell by 1.3% to €9.3 trillion as a global sell-off in equity markets hit Europe.
Apex will take its assets under administration to $600 billion after the acquisitions of the corporate services business from Link Group’s Asset Services