The deal expands the existing partnership between the two organisations, which already included settlement services on selected institutional clients’ portfolios.
Tag: BNP Paribas Securities Services
The Mexico City-based CSD has selected BNP Paribas’ securities services unit as its custodian to cover the US market.
This is the latest in a string of appointments at BNP Paribas, which has seen significant additions to its Paris and US-based operations.
Quarterly increase follows year-on-year upticks of 5.5%, 16% and 9.9% over the previous three quarters.
The Italian mandate will see BNP Paribas provide securities settlement and custody services.
BNP Paribas Securities Services appoints State Street exec to head up Australia and New Zealand business
New hire who had spent 23 years with State Street will seek to grow the bank’s securities services business in the region.
BNP Paribas Securities Services names Americas lead for asset owner, asset manager and alternatives client lines
Former State Street and BNY Mellon exec will lead the product development and strategy for segments in North and Latin America.
New addition to lead the bank’s fund administration asset servicing business for the region.
Newly signed partnership to last until 2028, with a further option to extend the agreement to 10 years.
Latest mandate win for Colombian market follows a string of recent appointments received by BNP Paribas Securities Services globally over the last few months.