BNP Paribas acquires Banco Sabadell’s depository banking business 01 April 2020 Paris Reporter: Maddie Saghir The acquisition of the depository banking business represents €22 billion in assets under depositary, according to BNP Paribas Securities Services
Banque de France calls for applications for digital euro experiment 01 April 2020 Paris Reporter: Maddie Saghir The experiment is to identify how innovative technologies could improve the efficiency and fluidity of payment systems and financial infrastructures
IQ-EQ expands Singapore team 01 April 2020 Singapore Reporter: Maddie Saghir Investor services group IQ-EQ has added Sukanya Lal as business development director to its Singapore team
BNP Paribas Securities Services gains second VCC mandate 01 April 2020 Singapore Reporter: Maddie Saghir As part of the mandate, BNP Paribas will provide CSOP with custody solutions, fund administration and transfer agency services
ICMA welcomes 13 new firms as ICMA members 01 April 2020 Zürich Reporter: Maddie Saghir “Thanks again to all those who made this possible, in particular in these challenging times," ICMA said
ESMA provides COVID-19 clarification for best execution reports under MiFID II 31 March 2020 Brussels Reporter: Maddie Saghir ESMA has urged NCAs not to prioritise supervisory action against execution venues and firms in respect of the deadlines of the general best execution reports under MiFID II in light of the COVID-19 pandemic
DTCC expands board of directors 31 March 2020 New York Reporter: Maddie Saghir DTCC has added two new industry veterans to its board of directors
Vistra hires four to bolster private equity team 31 March 2020 Boston Reporter: Maddie Saghir Vistra has bolstered its private equity capabilities with the addition of four new executive leaders who join from TMF Group
BNY Mellon names Todd Gibbons as CEO 30 March 2020 New York Reporter: Maddie Saghir Gibbons has worked as the interim CEO since September last year
HSBC becomes trustee of Iron Ore Futures ETF 30 March 2020 Hong Kong Reporter: Maddie Saghir As the first and only foreign designated depository bank approved by the DCE, HSBC helps overseas investors access China's commodity futures markets
LCH RepoClear gains two new clearing members 30 March 2020 London Reporter: Maddie Saghir RBC has become the first Canadian bank to become a clearing member at LCH SA’s RepoClear service
SMPG steering committee re-elects Clearstream’s Armin Borries as chair 30 March 2020 Prague Reporter: Maddie Saghir SMPG was created in July 1998 and since its launch has established a local presence in more than 30 countries through national market practice groups
