News

The $150 milllion deal settled T+0 via Euroclear D-FMI, with Citi as issuing and paying agent. 

Partnership with Proxymity brings fully digitalised shareholder communications to a jurisdiction where proxy workflows have traditionally been manual and opaque. 

Legal challenge follows the publication of European Commission proposals to utilise cash balances from the immobilised assets to fund a reparations loan for Ukraine.  

Subsidiary DTC to begin controlled rollout in 2026, enabling tokenised versions of select DTC-custodied assets. 

Gerard Walsh, global head of client solutions, banking and markets at Northern Trust, says US T+1 has pushed APAC managers to treat the trade and FX as one lifecycle and tighten long-standing processes.  

Appointment covers custody, administration, trustee and registrar roles for Hong Kong-domiciled fund. 

Jeff Sardinha, senior vice president of ETF solutions, will serve as interim head of ETF servicing solutions during the transition period.  

Move opens access for offshore counterparties as China’s repo market looks to deepen liquidity and infrastructure. 

Growth spans global regions as institutional investors prioritise operational support and service quality. 

The mandate spans the Nordics and Euroclear Bank, with efficiencies across securities servicing and post-trade infrastructure.