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R3 completes prototype for ECP issuance


27 June 2017 London
Reporter: Stephanie Palmer

R3 and four of its member banks have collaborated to build a solution for issuing Euro Commercial Paper on a distributed ledger technology platform
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€50 billion mandate win for Caceis


27 June 2017 Rome
Reporter: Stephanie Palmer

Caceis has been selected to provide custody, depository, fund administration and transfer agency services for Amundi SGR, the Italian subsidiary of the Amundi Group
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EFAMA elects Nott as new president


26 June 2017 London
Reporter: Stephanie Palmer

The European Fund and Asset Management Association has elected William Nott of M&G Securities to serve a two-year terms as president
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ECB calls time on struggling Italian banks


26 June 2017 Vicenza
Reporter: Stephanie Palmer

Two Italian banks have been deemed ‘failing or likely to fail’ by the European Central Bank, and will be wound up under Italian insolvency procedures
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ICMA: NSFR will make EU repo less attractive


23 June 2017 London
Reporter: Drew Nicol

The association also point to increased automation of highly manual and labour-intensive processes of the market as a way to mitigate rising costs and create efficiencies
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Caceis welcomes two new clients to TEEPI


23 June 2017 Luxembourg
Reporter: Stephanie Palmer

Swiss Life Global Solutions, a Luxembourg-based insurance and wealth management provider, and European asset manager Amundi have joined the Caceis Tailored Electronic Exchange Platform for Investors
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ECB to launch new faster payments system


22 June 2017 Frankfurt
Reporter: Stephanie Palmer

The European Central Bank (ECB) is expanding its TARGET 2 instant payments system to facilitate retail payments throughout Europe
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Clients demand innovation in custody


22 June 2017 New York
Reporter: Stephanie Palmer

Custodians must embrace new technologies if they’re to survive in the digital age, according to a survey of sell-side executives by BNP Paribas Securities Services and TABB Group
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Citi recruits Matthew Bax


21 June 2017 London
Reporter: Barney Dixon

Citi has hired Matthew Bax as its Europe, Middle East and Africa (EMEA) head of sales for custody and fund services