BNY Mellon has been selected to provide global custody, fund administration, foreign exchange and cash management services for a new fund of hedge fund strategy...
REGIS-TR, the European Trade Repository owned by Clearstream and Iberclear, is confident that its application to act as a trade repository across all asset classes will be accepted by ESMA...
Jervis Smith is Citi's new regional head of client sales management for the financial institutions (FI) segment in Asia Pacific for securities and fund services...
Citi has expanded its Citi OpenInvestor suite of investment services to include segregated collateral custody accounts. The new accounts are hoped to help clients better mitigate counterparty risk...
In March 2013, the value of assets under custody held on behalf of customers registered an increase of four percent to €11.5 trillion (compared to €11.1 trillion in March 2012)...
Financial information services firm Markit has acquired the ownership stake in MarkitSERV held by the Depository Trust and Clearing Corporation (DTCC)...