The license also makes Citi the first among the top five global custodians to win approval to set up shop in China.
One of Global Custodian’s 30 to Shape the Future among new hires as State Street bolsters its APAC leadership team.
BOCOM Trustee has selected SS&C's flagship Geneva platform to support its fund administration technology.
The business will be structured around two newly created divisions, with the aim to broaden its fund administration solutions offering to German clients.
As Singapore, Hong Kong and China begin to recover from the effects of the Coronavirus pandemic, one global service provider sees the momentum moving east in the weeks to come.
Securities services firms that have imposed travel bans and closures in Asia as a result of the Coronavirus are having to explain their business continuity and relocation plans.
The former COO of global client coverage at RBC I&TS joins Standard Chartered in Hong Kong to lead the Greater China securities services business.
The new office is China represents the latest in a series of regional expansions from the fund administrator.
The membership gives the bank the opportunity to work closer with CSD and CCP members on a number of key industry topics.
HSBC's global co-heads of securities services explain their focus on unlocking the potential of the group’s overall universal banking model for its clients.