All latest asset servicing news

Another Latin America ADR for BNY Mellon

20 October 2015 São Paulo
Reporter: Stephanie Palmer

BNY Mellon has been selected as depository bank for Banco Santander Brasil’s American depository receipt (ADR) programme, its second mandate with Banco Santander in Latin America this year...

RBI in Russia sells pension fund business

19 October 2015 Moscow
Reporter: Stephanie Palmer

Raffeisen Bank International’s Russian subsidiary has sold its pension fund business to BIN Group for an undisclosed sum...

NSD’s control procedures up to scratch

19 October 2015 Moscow
Reporter: Stephanie Palmer

National Settlement Depository has passed its operational audit analysing control over settlement, depository, clearing and repository services, in compliance with the ISAE 3402 type II standard...

Clearstream enjoys assets boost

19 October 2015 Luxembourg
Reporter: Drew Nicol

Clearstream’s boasted a 6 percent rise in its total assets under custody for September compared to the same time last year, according its latest figures...

Barclays gives boost to New York fintech

19 October 2015 New York
Reporter: Stephanie Palmer

Barclays has signed contracts with eight companies off the back of its financial technology accelerator programme in New York, including two firms working with blockchain technology...

Banco Santander joins SWIFT’s KYC Registry

16 October 2015 Singapore
Reporter: Becky Butcher

Banco Santander has joined the SWIFT Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks required for KYC compliance...

MUFG Fund Services appoints new COO

15 October 2015 Hamilton, Bermuda
Reporter: Becky Butcher

MUFG Fund Services has appointed Tim Thornton as COO...

BNY Mellon automates process for broker-dealers

15 October 2015 New York
Reporter: Becky Butcher

BNY Mellon has automated the notifications that broker-dealers send to mutual fund complexes when large trades in their funds are imminent...

Sibos 2015: blockchain not so disruptive after all

14 October 2015 Singapore
Reporter: Stephanie Palmer

‘Disruptive’ technology is not a challenge to financial services but an opportunity, and could be recruited for the fight against cyber crime, according to Blythe Masters, CEO of Digital Asset Holdings...

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