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
FundRock has expanded into France for new operations that will assist international investors in accessing alternative asset classes including private equity and real estate
The Bank of England has cut the bank rate by 50 basis points to 0.25 percent from 0.75 percent in an emergency move to help UK businesses and households amid the disruption associated with COVID-19
When it comes to ESG, the industry needs to start becoming more comfortable about being uncomfortable in terms of an exact definition, according to one panellist at The Summit for Asset Managers in London
HSBC plans to combine its securities services and global markets divisions, which will see its two co-heads of HSBC securities services take on new roles