Citi’s global head of data and digital departs for new role after five years at the bank.
Incoming hire brings more than 25 years’ experience to the role, holding senior positions at the likes of Citadel and Deutsche Bank.
Offshore Yuan becomes the fifth currency to be settled between the two banks, with plans for additional currencies to be added in the next few months.
The bank looks to simplify its global post-trade operations with Clearstream’s fund order routing and settlement services.
Global Custodian sits down with Sebastien Danloy, global head of investor services at HSBC, to discuss the trends we have seen in the investor services industry, the deployment of new technologies in the market, and HSBC’s targeted areas for growth in the next 12 months.
HSBC and Bloomberg have announced a collaboration to offer a seamless post-trade workflow through product and data integrations for mutual clients.
The move marks a change in FX settlements, allowing market participants to significantly reduce their settlement exposure and associated risks.
Former president and CEO of Computershare in Hong Kong takes up new role.
Incoming head brings multiple decades worth of experience to HSBC, having previously held leadership positions at BNP Paribas, Deutsche Bank, Bank of America and Lehman Brothers.
FundGuard adds experience to its ranks after $12 million funding round earlier this year which saw backing from former State Street, HSBC and JP Morgan executives.