Citi CEO attributes securities services growth to continued investment in innovation
Asset servicer posted an impressive 18% year-on-year revenue increase in securities services and an uptick in assets under custody and administration during Q1.
Executive has almost three decades worth of experience across BNY Mellon and Deutsche Bank
This week’s securities finance round-up features include ISLA, GPFA, xCube, Mirae Asset Securities, and RQD*.
An esteemed panel of experts, representing the Monetary Authority of Singapore (MAS), Barclays, Marketnode, State Street and Deutsche Bank, will discuss and dissect the trends behind that growth, the current technology and regulatory landscapes, and offer their thoughts on what the future may hold for the burgeoning region.
The Australia Securities Exchange (ASX) calls for industry feedback on a switch to T+1, with a summary to be published in August 2024.
As we approach the second annual Leaders in Custody Asia awards on 9 May, Global Custodian takes a deeper look into the nominees for the Digital Asset Initiative/Platform of the Year category - featuring HSBC, JP Morgan and a collaboration between UBS, SBI and DBS Bank.
Backed by BBH’s data integration and connectivity engine, the service focuses on curating fund holdings data. This data serves multiple purposes, including incorporation into various fund output applications, such as regulated fund disclosures.
DTCC urges organisations to accelerate their preparations and readiness ahead of the switch next month.
Mexico will transition to T+1 settlement at the end of May 2024, coinciding with the SEC's move to T+1 in the US.
The series C funding was led by HSBC alongside other collaborators such as BNP Paribas, BNY Mellon, JP Morgan and Citi and will help support the development of HQLAx’s offering.
This week’s fund services round-up features: IQ-EQ, Ocorian, Gen II Fund Services, Aztec Group, Apex Group, SimCorp, The SILC Group.
The bank had a bustling first quarter, securing a string of notable new mandates in Europe.
With the launch of ETF Administration Survey 2024, this week GC Research is taking a look back at last year’s results which marked the lowest overall score since 2020.
The seasoned industry veteran has had various roles across DTCC-Euroclear’s joint GlobalCollateral and Morgan Stanley.
The recommendations cover liquidity risk management and governance, stress testing and scenario design, and collateral management practices of non-bank market participants, focussing on liquidity risks arising from spikes in margin and collateral calls.
The investment, for a minority stake, is slated for H2 2024, pending regulatory approval and legal finalisation.