State Street has appointed Jordao to lead its Global Services business in France and further enhance the branch's strategy.
JP Morgan has spent the last year implementing a new look to its global agency securities lending team.
The subsidiary will offer independent banking, depositary and custody services to institutional investors and asset managers
Relationship represents over $10 billion in assets and comes seven years after BNP Paribas Securities Services embarked on its US growth strategy.
The new offering will expand US Bank’s range of UCITS fund clients in Europe and enable it to compete with established European fund administrators.
The laissez-faire approach to UCITS principles has riled market regulators following the recent saga with Neil Woodford's flagship fund, which could have long-term consequences on the funds industry.
Fund administrator that won a Global Custodian award for private equity client service in 2018 adds to European sales team.
The combination with Santander expands CACEIS' reach to Spain and Latin America, giving the combined unit €5.1 trillion in AuC/A.
The New York-based firm is aiming to become the partner of choice for hedge funds that are diversifying their prime brokerage partners.