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UBS names Ralph Hamers as group CEO


20 February 2020 Zürich
Reporter: Maddie Saghir

In November, Hamers will succeed the current group CEO, Sergio Ermotti. The UBS board of directors thanked Ermotti for his “outstanding contribution to the firm over the past nine years”
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Bermuda returns to the EU’s ‘white list’


19 February 2020 Bermuda
Reporter: Maria Ward-Brennan

Bermuda has returned to the European Union’s ‘white list’ of fully cooperative tax jurisdiction for the first time since 2017
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HSBC set for restructure as it reveals 35,000 job cuts


19 February 2020 London
Reporter: Maddie Saghir

HSBC’s group executive, Noel Quinn, indicated that HSBC will adjust its headcount in line with how the business is progressing as well as factors relating to the economic environment
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BitGo acquires digital securities platform


19 February 2020 Palo Alto
Reporter: Maddie Saghir

BitGo is set to acquire Harbor, the digital securities platform, as well as its broker-dealer and transfer agent subsidiaries
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J.P. Morgan ‘sharpens focus’ on corporate clients with new hires


18 February 2020 Singapore
Reporter: Maddie Saghir

J.P. Morgan has made three new appointments to take on senior roles within its corporate banking and wholesale payments franchises in Asia Pacific as the bank continues to sharpen its focus on corporate clients in the region
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Clearstream sees assets under custody figure increase


17 February 2020 Luxembourg
Reporter: Maddie Saghir

Clearstream has revealed its monthly figures for January, which identified an 8 percent increase in assets under custody, compared to the same month last year
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Campbell & Company selects NAV for fund admin


17 February 2020 Illinois
Reporter: Maddie Saghir

NAV, a provider of alternative fund administration, replaced Campbell & Company’s current fund administrator on 1 January this year