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50% off equity custody fees down at the LuxCSD


27 March 2014 Luxembourg
Reporter: Georgina Lavers

As part of its initiative to support the dematerialisation of securities of all types, LuxCSD is cutting custody fees for equities by 50 percent...
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Lack of liquidity management could prove catastrophic


26 March 2014 London
Reporter: Georgina Lavers

SmartStream Technologies has written a paper to help banks identify the implications and solutions needed to meet the intraday liquidity regulatory monitors, scheduled for enforcement from January 2015...
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BNY Mellon and AP7 together again


25 March 2014 Sweden
Reporter: Georgina Lavers

BNY Mellon has been reappointed by Swedish state pension fund Sjunde AP-fonden (AP7) to provide global custody and collateral services to assets valued at $28.8 billion...
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Linda Morsia leaves State Street


25 March 2014 London
Reporter: Georgina Lavers

BNP Paribas Securities Services has hired Linda Morsia as head of its depository banking business in the UK...
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Barnaby Nelson joins SC in Hong Kong


25 March 2014 Hong Kong
Reporter: Georgina Lavers

Standard Chartered has appointed Barnaby Nelson as managing director and regional head of investors and intermediaries for North East Asia and Greater China...
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BNY Mellon catches Phoenix account


24 March 2014 Phoenix
Reporter: Georgina Lavers

BNY Mellon has been chosen by the City of Phoenix Employees' Retirement System (COPERS) to provide custody, accounting, and securities lending solutions to plan assets valued at $2 billion...
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Compliance firm seeks Lombard assistance


24 March 2014 London
Reporter: Georgina Lavers

The firm Compliancy Services has selected Lombard Risk Management to provide their clients with regulatory returns submission services...
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Growth in Clearstream AUC shows T2S support


21 March 2014 Frankfurt
Reporter: Georgina Lavers

Clearstream’s February 2014 figures show assets under custody increasing and continued growth across settlement and securities financing, seemingly showing early customer support of the firm’s T2S strategy...
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Swedish investment firms enjoy foreign access


21 March 2014 Stockholm
Reporter: Georgina Lavers

Euroclear Sweden, the Swedish central securities depository (CSD), has linked up to Euroclear Bank’s automated processing platform for cross-border and domestic funds (FundSettle)...
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SocGen scores French insurance mandate


21 March 2014 Paris
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has been mandated by CNP Assurances to provide collateral management services with regard to collateral swaps between CNP Assurances and its counterparties...