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GCF: Wave two of T2S not all smooth sailing


01 December 2015 London
Reporter: Stephanie Palmer

Markets are joining late and creases are yet to be completely ironed out, but the T2S platform could expand to new markets and further throughout Europe...
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20 percent jump in CUSIP requests


17 November 2015 New York
Reporter: Stephanie Palmer

CUSIP Global Services saw a sharp increase in requests for new security identifiers in October, suggesting that there could be a surge in new corporate and municipal bond issuances...
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Clearstream grows AUC in October


13 November 2015 Frankfurt
Reporter: Drew Nicol

Clearstream enjoyed an 8 percent boost in its assets under custody in October, on last year’s figures...
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State Street opens Copenhagen office


11 November 2015 Copenhagen
Reporter: Drew Nicol

State Street has strengthened its presence in the Nordic region with the opening of an office in Copenhagen...
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Equitile and HSBC launch ACS structure


10 November 2015 London
Reporter: Becky Butcher

HSBC Securities Services has been appointed as custodian and fund services provider by investment manager Equitile...
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Mystery G-SIB adopts AxiomSL in EU


10 November 2015 New York
Reporter: Stephanie Palmer

A US global systematically important bank (G-SIB) has gone live with AxiomSL’s regulatory reporting and risk management solutions platform for its reporting in Germany, France and the UK...
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Capita appointed to administer Regional REIT


06 November 2015 London
Reporter: Becky Butcher

Regional REIT, managed by Toscafund Asset Management, has appointed Capita as provider of company secretarial, fund accounting and registrar services to the fund...
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Deutsche Bank hit with $258m transactions fine


06 November 2015 New York
Reporter: Stephanie Palmer

Deutsche Bank has been fined a total of $258 million for processing US-denominated transactions on behalf of countries and other entities subject to sanctions under US federal law...
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Deutsche Bank cutting back for 2020


05 November 2015 Frankfurt
Reporter: Stephanie Palmer

Deutsche Bank intends to reduce its cost base by about €600 million by 2018, and to reduce its business division’s cost income ratio by about 10 percentage points...
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BNY Mellon appointed Turkish cat bond trustee


03 November 2015 London
Reporter: Becky Butcher

BNY Mellon has been appointed trustee, paying agent, account bank and custodian for a $100 million Turkish cat bond transaction designed to protect insurers against the risks of potential earthquakes...
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Indian bank adopts reporting service in France


03 November 2015 Paris
Reporter: Stephanie Palmer

The French branch of State Bank of India has signed up to the Wolters Kluwer Financial Services OneSumX Regulatory Reporting service to help ensure its regulatory compliance in France...