New research from industry analytics provider Coalition showed revenues from global securities services providers collectively reached $37.2 billion in 2018.
Respondents to Deutsche Bank’s Alternative Investment Survey believe Asia is the most sought-after investment region for the first time since 2010.
The deal will give China Merchant Bank wider access to international market and supports its growth ambitions.
BNP Paribas has more than tripled its assets under custody over the past five years under the leadership of Philippe Benoit.
Ian Martin will continue his current responsibilities of leading State Street’s global services business in the region.
The appointment rounds off the global restructuring of HSBC's securities services leadership, following the appointment of two new global co-heads for the business.
Margaret Law will be responsible for growing its regional client base and leading the adoption of CLS’s portfolio of products.
The Chicago-based custodian will provide custody and foreign exchange services to the Misaki Engagement Master Fund.
BNP Paribas has made a number of senior appointments to its Asia-Pacific securities services team in recent months.
GC Legend and industry securities lending veteran leaves key role at HSBC after five years.