Ocorian has bolstered its European capital markets team with the appointment of Abigail Holladay as director of transaction management, based in London
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”
The service, which is managed by Thomas Murray specialists, will incorporate document follow up, response completion support and, where applicable, site visits to respondent banks to support participation
The new funds director will be responsible for reviewing operational processes in Luxembourg as well as the client relationship manager for several clients
FundRock has expanded into France for new operations that will assist international investors in accessing alternative asset classes including private equity and real estate
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