Northern Trust, Societe Generale, BNY Mellon and others fined $6 million for swaps violations
The US CFTC also fined NatWest Markets, PNC Bank and Northern Trust for reporting and risk management regulation failures.
Tag: HSBC
Fund administration strategy games: Organic growth
Global Custodian brings you the ultimate five-part guide on fund administrators and their primary business strategies. Part two looks at how organic growth is still the most-sought after and lucrative strategy in an era of M&A.
HSBC facilitates the first T+3 trade in Chinese bond market
The first T+3 trade occurs on China Interbank Bond Market (CIBM) after ‘important step’ to extend settlement cycle.
Former BNP Paribas securities lending head joins consulting firm
Securities lending veteran joins forces with GC Legend at consulting firm.
The in-housing project
Asset owners are increasingly taking an active role in managing their money, opening up new avenues for custodians to provide services. But could this spell the end for asset management?
HSBC readies for major growth in private debt with new division
New private markets division is set to cater for huge growth in demand for private debt, along with private equity, real estate and infrastructure.
HSBC repositions global head of custody and reorganises businesses under new leadership
Custodian follows up range of new appointments and repositioning with reorganisation of securities services functions and leaders as global head of custody moves role.
New head of securities services in Germany for HSBC
HSBC snaps up long-serving BNP Paribas securities head for Germany, the Netherland and Nordics.
SWIFT teams up with custodians to launch DLT e-Voting proof-of-concept
Deutsche Bank, DBS, HSBC and Standard Chartered Bank among those testing new proof-of-concept (PoC) on e-Voting using DLT.
HSBC recruits sell-side custody and clearing veteran for new global role
The appointment is the latest in a string of moves for HSBC Securities Services as it increases its focus on the banks and broker-dealer segment.