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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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Big data means big innovation


01 June 2015 New York
Reporter: Stephanie Palmer

Big data could be advantageous to investment managers if they innovate now, according to a white paper from BNY Mellon...
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BNP Paribas acquires Credit Suisse PFS


01 June 2015 London
Reporter: Stephanie Palmer

BNP Paribas Securities Services has completed its acquisition of Credit Suisse’s Prime Fund Services business, which offers fund administration and custody services to alternative investment managers...
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KDPW_CCP clears first OTC trades in PLN


29 May 2015 Warsaw
Reporter: Becky Butcher

KDPW_CCP has cleared the first inter-bank market over-the-counter trades denominated in PLN between Citi Handlowy and mBank...
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UniCredit adopts Murex MX.3 solution


29 May 2015 Paris
Reporter: Stephanie Palmer

UniCredit has gone live with Murex’s MX.3 solution for UniCRedit Bank Austria and eight Eastern European banks...
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SimCorp: Trillions of assets on outdated systems


29 May 2015 Copenhagen
Reporter: Becky Butcher

Industry experts are showing the investment management industry’s continued over reliance on technology that is not fit for purpose, according to SimCorp’s new report...
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SWIFT extends KYC registry reach


28 May 2015 Brussels
Reporter: Stephanie Palmer

SWIFT has expanded its KYC Registry to make it available to fund distributers and custodians as well as for correspondent banks...
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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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Deutsche Börse builds relationships in China


28 May 2015 Frankfurt
Reporter: Stephanie Palmer

Deutsche Börse has teamed up with the Shanghai Stock Exchange and the China Financial Futures Exchange to launch a joint initiative, the China Europe International Exchange...
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Renminbi is number one in APAC


28 May 2015 Hong Kong
Reporter: Stephanie Palmer

Renminbi is now the most active currency in the Asia-Pacific (APAC) region in terms of trades with China and Hong Kong, according to SWIFT’s RMB tracker...