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HSBC custodian for Swiss Re’s RQFII fund


22 June 2015 Zurich
Reporter: Stephanie Palmer

HSBC has become the first bank in China to provide custody services for a Swiss Renminbi Qualified Foreign Institutional Investor (RQFII) fund...
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Sri Lankan bank chooses Intellect for India


18 June 2015 Chennai, India
Reporter: Stephanie Palmer

The Bank of Ceylon, a Sri Lankan institution, has chosen the Intellect One Treasury Solution for its Indian operations...
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Isle of Wight mandate for BNP Paribas


15 June 2015 Newport
Reporter: Stephanie Palmer

BNP Paribas Securities Services has been selected to provide custody services to the Isle of Wight Local Government Pension Scheme...
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NeMa: cost and regulations reign


10 June 2015 Athens
Reporter: Stephanie Palmer

Regulation is still the main driver of change in sub-custody, but attendees at NeMa Europe in Athens were still surprised by the relatively low number who backed its importance...
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NeMa: network managers need to embrace technology


10 June 2015 Athens
Reporter: Stephanie Palmer

Financial services professionals still value network managers, but technology has become more important in the post-financial crisis landscape, according to a panel at NeMa Europe in Athens...
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SGSS mandated by QNB Alahli


03 June 2015 Egypt
Reporter: Stephen Durham

SGSS has signed a cooperation agreement with Qatar National Bank Alahli to provide securities services to international institutional investors and corporates in Egypt...
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Bermudian bank chooses RBC Investor & Treasury


02 June 2015 Toronto
Reporter: Becky Butcher

RBC Investor & Treasury Services has been appointed by Bermuda Commercial Bank’s (BCB) custody division as its provider of global custody...
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Deutsche Bank China to be custodian for Hwabao Trust


02 June 2015 Hong Kong
Reporter: Becky Butcher

Deutsche Bank China has been appointed as custodian for Hwabao Trust investments under China’s qualified domestic institutional investor (QDII) programme...
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Citibank banned from exiting Argentina


28 May 2015 Buenos Aires
Reporter: Stephanie Palmer

An Argentine court has forbidden Citibank from taking any further steps towards leaving the custody space in Argentina...
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Bumper April for Clearstream


13 May 2015 Frankfurt
Reporter: Stephen Durham

In April 2015, the overall value of assets under custody held on behalf of Clearstream customers registered an increase of 10 percent to €13.3 trillion (compared to €12.1 trillion in April 2014)...
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Cyan Oak chooses SocGen for derivatives


27 April 2015 Paris
Reporter: Stephen Durham

Societe Generale has been mandated by investment management company Cyan Oak Capital LLP to process derivatives for its range of alternative investment funds...