News

The BNP Paribas-backed joint venture names new head for its custody and cash clearing operations in Türkiye. 

Favourable markets and net new business drive record AUC/A and continued growth in custody and fund administration fees. 

Executive joins the firm's investor services business to lead product strategy, governance and innovation across its product portfolio. 

Executive announced his departure from Euroclear, where he led client relationships and market development across the Middle East, Africa and Turkey. 

Growth in repo, securities lending and Asia Pacific activity drives record collateral mobilisation. 

South Korea, Vietnam and Malaysia will have access to local escrow support as cross-border transaction activity continues to grow in APAC. 

Executive joins from HSBC, where he spent nearly 12 years across liquidity and treasury solutions roles, following earlier experience at Barclays. 

Recent GC Hall of Fame inductee, Ben Challice, CEO of Pirum, reflects on a 25-year career spanning trading, the Lehman Brothers unwind, and banking, sharing how those experiences shaped his leadership, his vision for connected market infrastructure, and the lessons that have endured throughout his career. 

New servicing fee revenue wins rose to $87 million during the quarter, while assets under custody and/or administration hit a record high.