HSBC recruits sell-side custody and clearing veteran for new global role
The appointment is the latest in a string of moves for HSBC Securities Services as it increases its focus on the banks and broker-dealer segment.
Tag: custody
Citi wins custody and fund admin mandate for $20 billion asset manager
The custodian will also provide depositary, clearing and foreign exchange solutions for Pacific Asset Management's UCITS funds.
RBC I&TS appointed custodian for $1 billion Canadian hedge fund
RBC I&TS has struck a number of custody deals for Canadian alternative investment managers in recent months.
Custody
Landmark BNP Paribas fund administration deal with DWS falls through
Deal announced in June 2018 halts after joint decision not to move forward.
BNP Paribas selected by Cypriot financial services provider for global custody
Cypriot financial services firm selects French bank for fund services and custody.
BNP Paribas Securities Services reshuffles APAC leadership
BNP Paribas has more than tripled its assets under custody over the past five years under the leadership of Philippe Benoit.
Citi selected as sole custodian for Mexican CSD’s US assets
The consolidation of the US assets, representing $39 billion, with Citi as its single provider successfully went live in December last year.
BNY Mellon sees drop in Q4 2018 asset servicing
BNY Mellon attributed the fall in revenue to “lower client assets and activity and the unfavourable impact of a stronger US dollar.”
Nordea appoints RBC I&TS as custodian for Swedish ETFs
Nordea sought to partner with a custody and fund administration provider that operates both in the Nordic market and in Luxembourg.
State Street promotes 25-year veteran to lead Asia-Pacific business
Ian Martin will continue his current responsibilities of leading State Street’s global services business in the region.