"It is important that banks and supervisors are able to commit their full resources to respond to the impact of COVID-19," said the chair of the GHOS and governor of the Bank of France
The financing and securities services unit will include all existing securities services activities including custody, clearing, fiduciary and fund services, and securities lending
SIX said it intends to “preserve and strengthen BME’s position in Spain by maintaining its brands, current business activities, headquarters and office locations, and by investing in new technologies and growth opportunities”
Russia’s central securities depository has predicted two-fold growth in demand for its e-voting service as digital services have become increasingly popular all over the world due to COVID-19
Citi Australia’s head of securities services, Martin Carpenter, expects the majority of clients to “transition to Citi and benefit from the bank’s industry-leading platforms, proprietary custody network and excellent client servicing”
The service, which is managed by Thomas Murray specialists, will incorporate document follow up, response completion support and, where applicable, site visits to respondent banks to support participation