Standard Chartered’s transaction banking head joins BNY Mellon as country executive for China
BNY Mellon's former country executive for China, Robert Kung, who will be retiring following a five year stint with the global custody bank.
Asia
BNP Paribas Securities Services hires Mizuho custody expert to lead Japan office
BNP Paribas has made a number of senior appointments to its Asia-Pacific securities services team in recent months.
Hong Kong’s new rules set to attract wave of new fund launches
Setting up OFCs is said to save time and cost for managers establishing funds at other domiciles and distributing funds in Hong Kong.
CLS onboards first Japanese funds to FX settlement service
The introduction of Japanese funds onto the FX settlement service follows a multi-year effort to onboard the Japanese buy-side community to CLSSettlement.
JP Morgan reshuffles Asia-Pacific custody leadership
JP Morgan's assets under custody in the Asia-Pacific region has increased by 30% over the last three years.
SGX and Bursa Malaysia to develop cross-border trading link
BM-SGX trading link will allow for cross-border clearing and settlement of traded shares on both exchanges.
Hong Kong regulator fines Standard Chartered’s prime brokerage division
Standard Chartered has been fined $2.6 million by the Hong Kong securities regulator for failings in short selling.
HKEX proposes investor ID model for Stock Connect
HKEX aims to fully rollout new investor ID for northbound trading activity by the third quarter next year.
Citi partners with Clearstream for Bond Connect service
Partnership will expand access to the China Interbank Bond Market through the Bond Connect scheme.
Standard Chartered makes another statement hire in APAC
Bank continues to grow its Asia-Pacific custody team to tap into regional opportunities.