Clearstream has partnered with Citi to act as its local account operator giving Ukrainian government bonds access to its ICSD network.
Former Citi and JP Morgan fund services head joins rapidly-growing team at Intertrust.
The partnership highlights a growing trend of Asian asset managers turning to securities lending as an additional source of income.
Proxymity was one of the first initiatives to be launched out of Citi’s London-based Citi D1OX programme, developed by the custody and fund services business.
Citi recently launched Advanced Citi ETF System (ACES), a new tech platform automating the entire ETF front-to-back office lifecycle.
State Street has made a number of high-profile changes to State Street’s global leadership teams since Ron O'Hanley began his tenure as CEO in January.
Northern Trust underwent an organisational restructure within its asset servicing leadership at the end of last year.
The changes include a new global head of asset servicing for custody operations and a new global head of fund administration operations.
Senthil Kumar joins BNY Mellon as its new chief risk officer, as the bank looks to strengthen its risk management and compliance capabilities.