The growth rate in the European ETF market outstripped the US for the first time.
MUFG Investor Services has reportedly hired Citco’s head of sales for EMEA in a similar role, who will join in the summer.
BNY Mellon has recently made a number of moves in Europe as part of a revamp of the business in the region.
SGSS will use its distribution network and its central services hub in Luxembourg to distribute Swisscanto Asset Management’s funds.
Longstanding global head of securities lending trading, Grant Mackenzie, departed in May.
The joint venture between the DTCC and Euroclear has launched a new offering targeting improved collateral access.
European FinTech funding fell in Q3 2016, with Brexit thought to be a key driver.
Swap dealers in the US faced issues with a lack of custodial accounts ahead of margin requirements and one industry expert suggests that their European counterparts are similarly worried.
The new EU rules will also contribute to the Capital Markets Union.