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KB Financial appoints BNY Mellon as depository
27 November 2012 Korea
Reporter: Georgina Lavers

BNY Mellon has been appointed by South Korean institution KB Financial as a depository bank for its American depositary receipt (ADR) programme...

Sumitomo Mitsui completes acquisition of Daiwa asset servicing
27 November 2012 Tokyo
Reporter: Georgina Lavers

On the 29 June 2012, SMTB signed a share purchase agreement with Daiwa for two entities, Daiwa Securities Trust & Banking (Europe) and Daiwa Securities Trust Europe...

Moore is more for IFG Trust
16 November 2012 Jersey
Reporter: Jenna Jones

IFG Trust and Corporate Group has acquired Jersey-based Moore Group adding more than $145 billion AUA to its existing business...

First female chair for European Federation for Retirement Provision
16 November 2012 Dublin
Reporter: Georgina Lavers

Joanne Segars, chief executive of the National Association of Pension Funds (NAPF), has been elected as chair of the European Federation for Retirement Provision (EFRP)...

Citi expands trust and custody to wealth managers
16 November 2012 New York
Reporter: Georgina Lavers

Citi has expanded its OpenWealth solution to enable global wealth managers to manage trust accounts and cross-border investments on a single platform...

Citi snaps up former senator Sherry
15 November 2012 Sydney
Reporter: Jenna Jones

Citi has recruited former Australian senator and minister for superannuation, Nick Sherry, as senior advisor to its securities and fund services...

Citi signs off on Man Umbrella Sicav
12 November 2012 Luxembourg
Reporter: Georgina Lavers

Citi has implemented the Man Umbrella Sicav, a Luxembourg fund business of the Man Group. Citi will provide an integrated range of services that includes custody, depositary bank, fund administration and transfer agency services...

Citi rises to the Challenger
12 November 2012 Sydney
Reporter: Jenna Jones

Citi will provide Australian annuity provider and fund manager Challenger with custody and collateral management services...

BNY Mellon named as BrasilAgro's depositary bank
08 November 2012 New York
Reporter: Jenna Jones

BrasilAgro (Companhia Brasileira de Propriedades Agricolas) has appointed BNY Mellon as the depositary bank for its American depositary receipt (ADR) programme...

Citi and UBS offer joint post-trade solution in APAC
07 November 2012 Hong Kong
Reporter: Jenna Jones

Citi and UBS have launched a combined service offering that provides a post-trade solution to broker-dealers in Asia Pacific...

NAB asset servicing adds firepower to US with Brian Keogh
07 November 2012 New York
Reporter: Georgina Lavers

National Australia Bank’s asset servicing division will move Brian Keogh to New York responsible for clients and new business opportunities outside of Australia and New Zealand...

Straight from Sibos: MyStandards seeks to transform securities community
06 November 2012 Osaka
Reporter: Georgina Lavers

T2S, Clearstream and Citi are using the collaborative standards management platform MyStandards to share standards specifications in what Swift calls a: “consistent and accessible way”...