The appointment follows closely on from Apex’s announcement to expand its corporate solutions offering in APAC through obtaining a Trust and Corporate Services licence in Hong Kong
“HSBC’s planned job cuts are currently the biggest of the major UK and European banks, but others may be forced to accelerate cost-cutting along with impairment provisioning," industry expert says
Canadian defined benefit pension plans in the RBC Investor & Treasury Services All Plan Universe experienced the steepest decline since 2008, posting a median return of -7.1 percent for Q1 2020
The ESG Analytics Summary, which will be prepared by Northern Trust’s investment risk and analytical services group, will provide investors with periodic snapshot analysis across their equity and corporate bond portfolio
“The international equity programme’s quarterly median return is the lowest this century,” says Northern Trust’s regional head of investment risk and analytical services