State Street renews asset servicing mandate with Korea’s NPS
Renewed agreement covers back- and middle-office services for the pension fund's global equity and alternatives portfolios.
News
JP Morgan appoints new securities services head of client service, Nordics
Former Goldman Sachs and Danske Bank executive brings more than 20 years’ financial services experience to the role.
Standard Chartered launches integrated USDC access with Circle
Service allows eligible institutional clients to mint and redeem USDC through the bank without requiring a direct account with Circle.
Universal Investment brings in Citi exec to lead ETF platform business
Executive, with experience at the likes of BBH, HSBC and State Street, will oversee the development and expansion of the firm's white-label ETF platform across Ireland, Luxembourg and Germany.
U.S. Bank establishes dedicated custody unit for asset managers
New business sits within U.S. Bank's investment services division and brings together its existing fund custody capabilities.
Clearstream processes first DLT commercial paper issuance on D7
The €77.5 million EIB issuance was arranged by Citi and marks the first use of Clearstream's D7 platform for such a transaction.
EU T+1 committee issues further SSI guidance to align EU and UK standards
Latest guidance confirms that FMSB SSI templates are compatible with EEA pre-settlement requirements, while providing further clarity on implementation ahead of Europe's transition to T+1.
Standard Chartered’s Harwood-Jones to take on new role as CEO for Europe and UK
Former Global Custodian Industry Person of the Year and Lifetime Achievement recipient appointed to lead Europe and UK, with securities services responsibilities transitioning to the current global head of transaction services and digital assets.
BNY rolls out USDC capabilities on digital custody platform
New functionality, developed with Circle, allows institutional clients to custody, mint and redeem USDC through a single operating framework.
Standard Chartered secures Mica and EMI authorisations in Luxembourg
New approvals provide a regulated base for the bank’s European digital asset custody ambitions as demand for institutional crypto services grows.