As State Street celebrates its 50th anniversary in Europe, Middle East and Africa (EMEA), the development of locally-based solutions could be its greatest asset.
Christian Sewing, CEO of Deutsche Bank, echoed comments he made at the institution’s AGM on consolidation for banks in Europe in the medium-term.
New role for long-serving BNY Mellon asset servicing head, named a GC Legend in 2019.
Pershing trading services will now be available to the wider BNY Mellon custody client base, and to new clients as a stand-alone service.
Citi has made a number of recent moves to expand its sub-custody network over the past year with new businesses in Finland, Norway and Saudi Arabia.
Experienced alternatives business development executive joins Northern Trust in Luxembourg.
The shake-up gives three of BNY Mellon's most senior asset servicing executives new roles to expand product development and client management globally.
The partnership marks the expansion of BNY Mellon's open-architecture, partnership model with trading systems to Europe and the Middle East.
The New York-based firm is aiming to become the partner of choice for hedge funds that are diversifying their prime brokers.
State Street's former head of EMEA, Liz Nolan, was named head of its global delivery team earlier this year after a senior leadership reshuffle.