Dodla Rohit Reddy has been promoted to head of securities services India at BNP Paribas, where he will develop new business opportunities in this important market for the bank
The partnership aims to broaden the DEI footprint across the global investment community, to help support current data challenges and advocate different investment opportunities
The distributed-ledger technology (DLT) driven settlement service, Project Ion, is now processing an average of more than 100,000 bilateral equity trades daily and more than 160,000 transactions on peak days in parallel production
The service, known as the 1042-S Classification Announcement, will lower the amount of tax withheld on distributions for non-US investors, prior to the payable date