HSBC’s head of global custody product departs for pastures new
HSBC's COO of asset managers and owners, securities services, will take on added responsibilities as the acting head of global custody product.
Tag: HSBC
Enter the dragon
China is opening up its $4.2 trillion capital market to foreign investors following a recent wave of regulatory relaxation. The race is now on for international custodians to set up shop and service both foreign and domestic fund managers.
China opens up onshore securities lending market to foreign investors
Citi and HSBC were the two custodian banks that facilitated the completion of the securities lending transactions in the China A-shares market.
HSBC appointed global custodian by Samsung Fire & Marine Insurance
Bank earns global custody mandate after onboarding Korean insurance company and providing it with access to the Chinese market.
HSBC appointed by BlackRock for first master-feeder ETF in Hong Kong
The new ETF follows a ruling from Hong Kong’s SFC which relaxes rules for the master-feeder regime in the territory.
HSBC launches new investor reporting portal for European issuers
The portal is underpinned by API technology, which the bank has been rolling out across its wider securities services business.
Custody
Why I decided to return to my job at a custodian bank
In response to a recent feature in Global Custodian’s Spring Issue highlighting why talent is leaving custodian banks at an alarming pace, entrepreneur and accomplished start-up founder Paul Staples, now with HSBC, tells his tale of returning to securities services after a fruitful journey in the tech world.
European custodians post contrasting securities services results during Q1
Mixed fortunes for European custodians with a combination of double-digit revenue growth and some large declines during the first quarter.
Citi spins out digital proxy voting platform after $20.5 million fundraising round
Proxymity is now backed by a consortium of global custodians, custody banks and issuer agents including BNY Mellon, Clearstream, Deutsche Bank, HSBC, JP Morgan, and State Street.
HSBC to work with SGX and Temasek on DLT for fixed income
The partnership will mark the first end-to-end digitisation effort focusing on the Asian bond markets.