All latest asset servicing news

MUFG bolsters team

03 January 2019 New York
Reporter: Jenna Lomax

MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Julie Jeffers-Flynn as executive director of business development

LUX appoints John Clancy

03 January 2018 New York
Reporter: Jenna Lomax

LUX Fund Technology and Solutions has appointed John Clancy as pre-sales director

JPMorgan Chase to pay $135 to settle charges related to ADRs

03 January 2018 Washington DC
Reporter: Jenna Lomax

JP Morgan Chase Bank will pay more than $135 million to settle charges of improper handling of “pre-released” ADRs, according to the SEC

NAFAA adds Horseshoe and Sudrania

03 January 2018 Boston
Reporter: Jenna Lomax

The North American Fund Administration Association has added Horseshoe and Sudrania to its roster business association for alternative fund administrators

SPCEX launches exchange-traded repos with Bank of Russia

02 January 2018 Moscow
Reporter: Jenna Lomax

The St. Petersburg Currency Exchange has launched exchange-traded repos with the Bank of Russia, using The National Settlement Depository’s collateral management system

Euroclear appoints new regional head of Americas

02 January 2019 New York
Reporter: Maddie Saghir

Miguel Ferreira has recently been appointed as Euroclear’s regional head for the Americas, based in Wall Street

CDC appoints new CEO

02 January 2018 Islamabad
Reporter: Jenna Lomax

Badiuddin Akber has been appointed as the CEO of the Central Depository Company of Pakistan Limited, subsequent to formal approval by the Securities and Exchange Commission of Pakistan

Northern Trust’s Chapman takes on additional securities services role

02 January 2019 London
Reporter: Maddie Saghir

Justin Chapman has taken on an additional role at Northern Trust as the product executive for securities services

MUFG hires John Karabelas

21 December 2018 New York
Reporter: Rebecca Delaney

MUFG has appointed John Karabelas as head of institutional investor sales for the US

Asset servicers broaden offerings as part of acquisition trend

21 December 2018 Copenhagen
Reporter: Maddie Saghir

The acquisition trend in the investment management software vendor space gathers pace and widens to include asset servicers broadening the scope of their offerings, according to Klaus Holse, CEO, SimCorp

DTCC’s Larry Thompson retires

20 December 2018 New York
Reporter: Maddie Saghir

Larry Thompson has retired from DTCC after working there for more than three decades, effective end of this year

EC adopts conditional equivalence for CCPs and CSDs post-Brexit

20 December 2018 Brussels
Reporter: Maddie Saghir

The European Commission has adopted conditional equivalence for CCPs and CSDs post-Brexit, as part of its no deal contingency action plan

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