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Citi Australia grows custody business with RBC agreement


16 March 2020 Sydney
Reporter: Maddie Saghir

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”
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Eurex expands OTC clearing services to Japan


13 March 2020 Frankfurt
Reporter: Drew Nicol

The gate now stands open for Eurex Clearing to offer its services directly to one of the largest ETD and OTC derivatives markets
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JTC names new funds director in Luxembourg


12 March 2020 Luxembourg
Reporter: Maddie Saghir

The new funds director will be responsible for reviewing operational processes in Luxembourg as well as the client relationship manager for several clients
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FundRock expands footprint into France


11 March 2020 Paris
Reporter: Maddie Saghir

FundRock has expanded into France for new operations that will assist international investors in accessing alternative asset classes including private equity and real estate
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Bank of England makes emergency cut in interest rates


11 March 2020 London
Reporter: Maddie Saghir

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