All latest asset servicing news

Thomas Murray rolls out new cash correspondent monitoring service

13 March 2020 London
Reporter: Maddie Saghir

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

Euromoney TRADEDATA launches Symphony App

12 March 2020 London
Reporter: Maddie Saghir

The application will provide licensed Symphony users access to Euromoney TRADEDATA’s reference data sets

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

TSAM: Industry concerns increase as COVID-19 causes supply problems

11 March 2020 London
Reporter: Maddie Saghir

One speaker said that amid the virus companies are not able to meet people’s needs, using hand sanitizer shortages, as an example

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

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

TSAM: Industry needs to become more comfortable around ESG

11 March 2020 London
Reporter: Maddie Saghir

When it comes to ESG, the industry needs to start becoming more comfortable about being uncomfortable in terms of an exact definition, according to one panellist at The Summit for Asset Managers in London

Mark Torossian swaps BNY Mellon for OnDeck

10 March 2020 New York
Reporter: Becky Bellamy

At BNY Mellon, Torossian worked as chief financial officer within the bank’s asset servicing business in the Americas

Brane names new president and CEO

10 March 2020 Toronto
Reporter: Becky Bellamy

Gerginis will succeed founder and past-CEO Patrick Mclaughlin, who will join the firm’s board of directors and serve as chief strategy officer

Link Group launches new UCITS platform in Luxembourg

09 March 2020 Luxembourg
Reporter: Maddie Saghir

Link Group has launched a new UCITS platform, Elevation Fund SICAV, domiciled in Luxembourg

Phi Finney McDonald promotes Andreas Costi

09 March 2020 Melbourne
Reporter: Maddie Saghir

Phi Finney McDonald, a specialist class action law firm, has promoted Andreas Costi to head of client engagement, based in Melbourne

BNY Mellon’s Pershing names new head of RIA custody business

06 March 2020 New Jersey
Reporter: Maddie Saghir

BNY Mellon’s Pershing has appointed Ben Harrison as the new head of its RIA custody business, succeeding Mark Tibergien, effective 1 June

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