BNP Paribas joins JP Morgan’s Onyx blockchain as it ramps up digital assets play
The bank traded its first intraday repo on the platform last week, becoming the first European bank to join the network.
The bank traded its first intraday repo on the platform last week, becoming the first European bank to join the network.
The new mandate will see JP Morgan securities services provide services for €1.4 billion worth of assets from the Dutch pension fund.
The $2.6 trillion asset management giant will turn to the securities services division within the bank to help revamp global operations with middle-office services.
Custodian snaps up capital markets expert with 25 years of experience in client management, strategy and product solutions at the likes of SWIFT and Standard Chartered.
Jamie Dimon interview takes off after he labelled Bitcoin as “worthless” but interview also revealed JP Morgan’s stance on crypto custody.
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.
The global custodian continues to ring the changes within its global custody team, adding an experienced asset servicing expert in London.
Addition of industry veteran follows appointment of head of direct custody for the Americas last month.
GC Legend and former Quintillion founder Joan Kehoe steps away from the business as JP Morgan promotes alternatives specialists to lead growing unit.