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BNY Mellon appointed as depositary by Standard Bank
01 October 2012 New York
Reporter: Georgina Lavers

BNY Mellon has been appointed by Standard Bank as depositary for its sponsored American Depositary Receipt (ADR) programme. Previously, the South African bank...

Citi’s Banamex unit branches out
20 September 2012 Mexico
Reporter: Jenna Jones

Citi’s Banamex unit has expanded its global custody and fund administration services to pension fund management companies (Afores) in Mexico...

Northern Trust recruits George Hindmarsh
17 September 2012 Hong Kong
Reporter: Georgina Lavers

George Hindmarsh will be Northern Trust’s new head of Asia Pacific business development, with responsibility for leading the company's continued growth in asset servicing...

Citi mandated for ChinaAMC’s unique ETF
05 September 2012 Hong Kong
Reporter: Georgina Lavers

Citi has been mandated to provide trustee, fund administration and custody services in support of the launch of the China Asset Management (ChinaAMC) CSI 300 Index ETF...

New head of securities and fund services at Citi
24 August 2012 London
Reporter: Georgina Lavers

Sanjiv Sawhney will be Citi’s new head of securities and fund services for the EMEA region. In this new role, Sawhney will lead the growth of Citi’s regional securities...

Pension fund separates sec lending from custody
22 August 2012 Austin, Texas
Reporter: Mark Dugdale

Texas Municipal Retirement System had named Deutsche Bank as its securities lending agent and rehired State Street as its global custodian...

Citi implements $22.7 billion Victory mandate
17 August 2012 New York
Reporter: Mark Dugdale

Citi has successfully implemented a mandate to convert Victory Capital Management assets to a full range of middle office outsourcing services...

Bravura Solutions hires Calastone employee
17 August 2012 London
Reporter: Mark Dugdale

Bravura Solutions has added Alex Hofmann to its propositions team. He will be based in Bravura's London office and will be responsible for growing the Sonata wealth management business in the Europe, Middle East and Africa region...

S&P reassesses cost of Dodd-Frank
16 August 2012 New York
Reporter: Georgina Lavers

Standard & Poor's Ratings Services has updated its estimates of the cost of Dodd-Frank. In an article titled: "Two Years On...

SS&C says goodbye to GlobeOp founder
14 August 2012 London
Reporter: Mark Dugdale

Software provider SS&C Technologies has confirmed that Hans Hufschmid, founder and CEO of GlobeOp, has stepped down from his role to pursue other opportunities...

New partner for Kurt Salmon consultancy
08 August 2012 New York
Reporter: Georgina Lavers

Dr. Suresh Gupta has joined management consultancy Kurt Salmon as a partner in its North America global financial services practice based in New York...

Citi mandated by Kimmeridge for fund administration
02 August 2012 New York
Reporter: Georgina Lavers

Citi has been mandated from Kimmeridge Energy Fund to provide private equity fund and cash administration services. Kimmeridge is a private equity fund...