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State Street sees drop in asset servicing revenue
24 April 2019 Boston
Reporter: Rebecca Delaney

State Street has revealed a 12 percent drop in asset servicing revenue in its Q1 figures for this year, compared to Q1 results last year

BNY Mellon bolsters trust and depositary team
23 April 2019 London
Reporter: Jenna Lomax

BNY Mellon has appointed Kevin Tomlin as head of relationship management for EMEA trust and depositary

Northern Trust bolsters global fund services team in Asia
16 April 2019 Hong Kong
Reporter: Jenna Lomax

Northern Trust has appointed Conlon Chen as head of operations for its global fund services business in Asia

State Street appoints new CEO of international business
15 April 2019 Hong Kong
Reporter: Jenna Lomax

State Street Corporation has appointed Francisco Aristeguieta as CEO of its international business, effective from July 2019

Pictet holds on to top spot in R&M Survey
19 March 2019 London
Reporter: Becky Butcher

Swiss asset manager Pictet has kept hold of the top spot as the best overall investor services provider for another year, according to the 2019 R&M Investor Services Survey

Northern Trust hires new Hong Kong asset servicing head
05 March 2019 Hong Kong
Reporter: Becky Butcher

Northern Trust has appointed Lily Kwok as head of client services for its asset servicing business in Hong Kong, Macau and Taiwan

State Street appoints new COO
27 February 2019 Boston
Reporter: Jenna Lomax

State Street has appointed Lou Maiuri to the role of COO

State Street to provide access to CLS FX settlement platform
27 February 2019 Tokyo
Reporter: Jenna Lomax

State Street has started providing access to CLS’s risk-mitigating foreign exchange settlement platform, CLSSettlement, for a Japanese-domiciled pension fund as a pilot fund

State Street in talks with SEC to settle overcharging allegations
25 February 2019 Washington DC
Reporter: Jenna Lomax

State Street and The US Securities and Exchange Commission are in discussions for possible settlement on allegations of overcharging asset clients

BNY Mellon appoints Linda McMahon
29 January 2019 Edinburgh
Reporter: Maddie Saghir

BNY Mellon has appointed industry veteran, Linda McMahon, based in Edinburgh, effective 18 February

State Street sets up Boston Headquarters
24 January 2019 Boston
Reporter: Maddie Saghir

State Street announces new Boston flagship headquarters

State Street cuts 1,500 senior management jobs, Q4 results released
18 January 2019 London
Reporter: Maddie Saghir

State Street has cut 15 percent of its workforce, approximately 1,500 jobs as the bank releases its Q4 results