Custody banks are seeing the value in collaborating with new service providers and FinTechs over data solutions.
HSBC will act as the custodian and fund administrator to one of the first UCITS funds to invest in China's Bond Connect scheme.
Riccardo Millich joins HSBC to lead its local sales strategy and supporting business growth with all countries and asset classes in scope of UCITS and AIFMD.
John Van Verre had been stationed in London since 2011, after he first joined HSBC Securities Services in Singapore.
HSBC will provide global and domestic custody services to cover MetLife’s businesses in Australia, Hong Kong and South Korea.
HSBC is currently exploring the application of blockchain technology to proxy voting and corporate actions.
Distributed ledger technology (DLT) will reinvent the value chain for custodians, says HSBC's John Van Verre.
HSBC joins the likes of JP Morgan and Brown Brothers Harriman that have gone live on the GC Direct service.
Hamill led HSBC's global prime finance business for over six years, where he oversaw the integration of prime brokerage with its global equities business.
A number of firms have commenced transactions using the Chinese Bond Connect venture which went live this morning.