BNP Paribas has promoted the COO of its India brokerage business to lead the securities services franchise in the country.
One of Global Custodian’s 30 to Shape the Future among new hires as State Street bolsters its APAC leadership team.
The business will be structured around two newly created divisions, with the aim to broaden its fund administration solutions offering to German clients.
AIA Group has become the first to sign up for the service, enabling them to reprice derivatives and collateral in more than 3,000 economic scenarios.
Fund distribution platform aims to serve distributors and asset managers based in Hong Kong, Taiwan, Korea and Japan from the new setup.
Custodian to provide fiduciary duties, fund administration as well as transfer agency services to Hong Kong OFC fund.
A study from EY and PASLA found 89% of its members believe securities lending is compatible with ESG principles.
Apex has partnered with Hong Kong-based BITE Investments to help Asian investors build their own USD alternative investment portfolio.
The decision to sell the business comes as RBC I&TS shifts its Asian strategy to focus on core markets and products.
Von zur Mühlen, a key operator in Deutsche Bank's major investment banking restructure, will replace near-30 year veteran Werner Steinmüller as CEO of its APAC business.