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Asset Servicing

Mariano Giralt has been named as BNY Mellon's head of Global Tax Services, responsible for the growth and development of the business.

 

Asset Servicing

Vistra grows Cayman Islands operation

Vistra, a global provider of corporate, trust and fund administration services, recruited Clive Gibbons as a Cayman Islands resident managing director.  

Asset Servicing

Clearstream reports that its July 2015 figures record a new peak in assets under custody and continuing growth in all business areas.

 

Asset Servicing

Markit, a provider of financial information services, says it has launched its Request for Amendment (RFA) service, available through Counterparty Manager and kyc.com.

Asset Servicing

Eagle Investment Systems, a BNY Mellon company and leading provider of financial services technology, reports that RPMI Railpen, a UK pension provider, has deployed Eagle’s enterprise data management solution. 

 

Asset Servicing

Two China mandates in the same morning

HSBC says it has become the first custodian bank in China to service a Renminbi Qualified Foreign Institutional Investor (RQFII) based in Canada. 

Asset Servicing

Banco Santander Chile has appointed BNY Mellon as the successor depositary bank for its American depositary receipt (ADR) programme. 

Asset Servicing

Institutional Shareholder Services (ISS), a provider of corporate governance and proxy voting solutions to the global financial community, has appointed Shinbo Won as Head of Asia-Pacific (ex-Japan) Research. 

Asset Servicing

The just-published revenues of the Securities Services division of BNP Paribas reached EUR 476 million. 

Asset Servicing

Global multi-family office LJ Group has appointed Rodrigo Mendes as a private client director within the group’s trust and fiduciary division. 

Asset Servicing

Deutsche Bank wins CIGNA mandate

PT Asuransi CIGNA (CIGNA) has appointed Deutsche Bank to look after its Cigna Money Market Fund and Cigna Dynamic Click Fund in Indonesia.

Asset Servicing

UK-based boutique prime broker and hedge fund platform Linear has opened its first European office, in Hamburg. 

Asset Servicing

State Street takes Mawer mandate

Calgary-based Mawer Investment Management has appointed State Street to be its exclusive provider of custody, fund accounting and administration services for a portfolio of pooled and mutual funds worth C$22 billion.

Asset Servicing

Global fund services provider Moore Management, a First Names Group Company, says it has strengthened its leadership team with the appointment of Andrew Maiden as a director.

 

Asset Servicing

Maitland, a global independent third-party fund administrator, has selected Oracle FLEXCUBE Investor Servicing to support the expansion of its global transfer agency services. 

Asset Servicing

Alter Domus has been appointed as administrator to the Macquarie Infrastructure Debt Investment Solutions (MIDIS) inflation-linked infrastructure debt fund. 

Asset Servicing

Jane Pearce has been named as managing director of Vistra Jersey's office, to lead the firm's corporate, fund administration and private client trust business on the island.

Asset Servicing

DR issuance dominated by bio-pharma companies

Pharmaceutical and biotech companies were to the fore in capital raising through depositary receipts during the first half of 2015. 

Asset Servicing

Deutsche Börse AG has agreed to buy global foreign exchange trading platform 360T Beteiligungs GmbH (360T) for a total purchase price of EUR 725 million.

 

Asset Servicing

State Street has just issued its second quarter results. Servicing fees of $1,325 million in the second quarter of 2015 were up 4.1 percent from the first quarter of 2015, primarily due to net new business and stronger global equity markets, it says. 

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