No rush to T+1 in Africa
Enthusiasm for moving to T+1 was thin on the ground at a gathering of African securities market practitioners.
Regions
Citi wins depositary bank mandate for QuantaSing ADRs
Chinese firm is latest in growing list of sponsored depositary receipt programmes handled by the bank.
Apex Group to acquire ALFI Partners
Acquisition enables Apex to expand its European distribution capabilities.
BNP Paribas and CACEIS announce asset servicing joint venture
Owned equally by the two banks, Uptevia combines their issuer services divisions to create a specialist provider.
Proceed with caution: A new era of uncertainty looms over an otherwise bullish securities services industry
A securities services event hosted by TSSAG in London this week showed that opportunities lie in new asset classes, data and a changing ecosystem, while geopolitical risk and a move away from globalisation looms over future plans like a dark cloud.
DBS completes first blockchain-based intraday repo in Asia settled on JP Morgan platform
JP Morgan welcomes bank as first Asia-domiciled client on its intraday repo application as it acts as triparty agent and collateral token agent.
SEC climate disclosure rule likely to impact private markets
MSCI research predicts climate transparency expansion, despite public markets being primary concern.
BNP Paribas Securities Services appoints new head of Southeast Asia
Promotion from within BNP Paribas Securities Services as the custodian looks to sharpen focus on Asia-Pacific.
ETFs to go live on China-Hong Kong Stock Connect from Monday
Regulators in China and Hong Kong have agreed last month to include ETFs by Mainland and Hong Kong exchanges in Stock Connect, with the live date now set.
RBC I&TS nabs custody mandate for new Evermore Capital ETFs
RBC Investor & Treasury Services (RBC I&TS) has been appointed as custodian by Evermore Capital for Canada’s first target-date Exchange Traded Funds (ETFs).