Technology
Robotics and automation has been touted to generate $20 billion in savings across the securities services industry.
People Moves
Madeleine Senior, who has served as country head for almost three years, will take on a new leadership role in London.
Custody
The US bank will provide custody and investment services to Genworth’s AUD$3.5 billion investment portfolio.
Technology
The former global head of collateral management product at JP Morgan, who joined Lombard Risk in 2016, will head up the expansion.
Custody
BNY Mellon will offer custody services to clients of Australian-based One Investment Group.
Asia
Regulator accuses custodians in Australia of failing to adhere to new rules.
People Moves
Northern Trust has made three new hires to its Sydney and Melbourne offices as it increases its presence in Australia.
Technology
Authorities in Hong Kong and Australia have signed an agreement to foster innovation in Asia.
People Moves
Sally Surgeon, Northern Trust’s head of client services for Australasia, will also head up the custodian’s office in Sydney.
Custody
Northern Trust will continue to provide custody services for the AUS $40 billion Australian government employee and defence force pension fund.