All latest asset servicing news

Stable funding key to expansion, says Wolters Kluwer

31 July 2015 London
Reporter: Stephanie Palmer

Banks should be cautious if considering expanding their business, and should avoid over-reliance on wholesale funding, according to a white paper by Wolters Kluwer Financial Services...

Citi’s Pat Curtin takes on global custody role

31 July 2015 New York
Reporter: Stephanie Palmer

Pat Curtin has moved to the role of head of sales and client management for global custody at Citi...

State Street expands in Poland

31 July 2015 Kraków
Reporter: Becky Butcher

State Street is expanding its presence in Poland with the opening of a new office in Gda?sk in early 2016...

State Street names new head of securities finance

30 July 2015 Boston
Reporter: Becky Butcher

Senior vice president Paul Fleming will take over from Lou Maiuri to lead the securities finance group at State Street...

Legislation is the route to transparency, says DTCC

30 July 2015 Washington DC
Reporter: Stephanie Palmer

DTCC has publicly supported legislative action to tackle obstacles that hinder the transparency goals of the G20 summit...

Lanware wins 4-year tech contract

30 July 2015 London
Reporter: Stephanie Palmer

Financial services technology provider Lanware has been appointed as the sole provider of outsourced technology services for the UK and Ireland business of Mitsui Sumitomo Insurance at Lloyd’s...

Indonesian mandate for Deutsche Bank

30 July 2015 Jakarta
Reporter: Stephanie Palmer

Deutsche Bank has been appointed as custodian bank for life, health and accident insurance provider PT Asuransi CIGNA, in Indonesia...

Spike in depository receipt programmes for pharma

30 July 2015 New York
Reporter: Stephanie Palmer

BNY Mellon has seen significant depository receipt activity in the pharmacutical and biotech sector in the fist six months of 2015, with the industry accounting for 67 percent of capital raised in this way...

Mercer boosts investments team

29 July 2015 New York
Reporter: Stephanie Palmer

Mercer Investments has hired four new executives, as part of the continued growth of its investment business...

Sweet Q2 for State Street

29 July 2015 Boston
Reporter: Stephanie Palmer

State Street has seen an increase in its servicing fees in Q2 2015, reaching a total of just over $1.3 billion, an increase of 2.9 percent compared to Q2 last year, and of 4.1 percent compared to Q1 2015...

Virtus chooses SunGard VPM portfolio

28 July 2015 New York
Reporter: Stephanie Palmer

Virtus Partners has launched a new hedge fund administration service and appointed SunGard’s VPM portfolio for accounting and reporting...

OneSumX wins Hong Kong mandate

28 July 2015 Hong Kong
Reporter: Stephanie Palmer

Nippon Wealth Bank (NWB) has chosen Wolters Kluwer Financial Services’s OneSumX solution for its Hong Kong operations...

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