New additions to Luxembourg team sees members join from JP Morgan, State Street and TMF Group.
MIBL will also white label Citi’s custody platform, essentially offering its asset servicing and instruction capabilities for securities, cash and FX to their clients.
CEOs of asset servicing firms explained that the pandemic has sparked new attitudes towards business processes and technology.
New lead for RBS’ depositary services business in Luxembourg as long-serving team member earns promotion.
MFEX recruits BNP Paribas' former FinTech expert who led many of their start-up collaborations in the funds distribution space.
Securities services provider adds new lead for rapidly-growing private markets segment.
New launch in Luxembourg aimed at adding to single-source offering including depositary, custody, FX and bank accounts.
The investment from the four firms will help strengthen the FundsDLT platform and accelerate its commercial development.
HSBC has targeted Luxembourg as a key growth market for its securities services business.
Luxembourg has emerged as an attractive destination for Asian asset managers that seek new fund channels for their products.