Representatives from LCH and EuroCCP highlight contradicting trends they are seeing in clearing activity throughout Europe following Brexit.
Fabio Lisanti takes on new role as western Europe markets and securities services head as Citi adjusts to the UK’s departure from the EU.
The moves come in response to the French bank appointing a new head of its US investment banking business.
Even though the Capital Markets Union (CMU) has had a somewhat lethargic start, a new EU leadership could galvanise the process once again.
As part of the five-year partnership, BNP Paribas will continue to provide AXA with global custody, depositary bank, and transfer agency across Europe.
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.