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TMF Group appoints new head of funds in the Netherlands
02 November 2020 Amsterdam
Reporter: Maddie Saghir

TMF Group, a global professional services firm, has appointed Paul de Lange as head of fund services in the Netherlands

TMF hires Sabrina Li to lead fund admin business in China and Taiwan
28 October 2020 Shanghai
Reporter: Becky Bellamy

Sabrina Li has joined TMF Group from State Street

Bob Dorsey set to retire from Ultimus Fund Solutions
27 October 2020 Cincinnati
Reporter: Becky Bellamy

Ultimus Fund Solutions co-founder Bob Dorsey has announced his retirement

Citi to provide securities services for Elmes Advisors’ ETFs
20 October 2020 New York
Reporter: Maddie Saghir

As part of the mandate, Citi will provide fund administration, global custody, transfer agency and ETF services

Citi provides securities services for first REITs ETF in HK
19 October 2020 Hong Kong
Reporter: Maddie Saghir

Citi has been appointed by Samsung Asset Management to provide custody, fund administration and trustee services for the first pure REITs ETF to be set up and listed in Hong Kong

Citi names new co-heads of futures, OTC clearing and FCX
16 October 2020 New York
Reporter: Maddie Saghir

Chris Perkins and Sabrina Wilson have been appointed as Citi’s new global co-heads of futures, OTC and FCX

HSBC to provide securities services for Hong Kong’s first broad-based ESG ETF
15 October 2020 Hong Kong
Reporter: Maddie Saghir

The new ETF is tracking MSCI China A ESG Universal Index, and offering exposure to China A-shares with a robust ESG profile

Citi sees Q3 increase in markets and securities services revenues
14 October 2020 New York
Reporter: Maddie Saghir

Citi has reported markets and securities services revenues for Q3 2020 as $5.2 billion, a 16 percent increase compared to Q3 2019, which stood at $4.5 billion.

Northern Trust makes asset servicing hire for Hong Kong, Macau and Taiwan business
14 October 2020 Hong Kong
Reporter: Becky Bellamy

Northern Trust has hired Caroline Hwang to its lead client services for its asset servicing business in Hong Kong, Macau and Taiwan

Citi enhances trade and settlement automation for Taiwan equity clients
08 October 2020 Hong Kong
Reporter: Becky Bellamy

Citi Securities Services has enhanced its trade and settlement automation for Taiwan equity clients with the launch of a host-to-host connection with the Taiwan Depository and Clearing Corporation

Deutsche Bank adds investment into AccessFintech
07 October 2020 London
Reporter: Maddie Saghir

Investment led by Dawn Capital, with additional funding from Deutsche Bank and follow on investing from J.P. Morgan, Citi, Goldman Sachs has helped AccessFintech secure $20 million in Series B financing

Citi gains new mandate for ETF Services for FinEx
07 October 2020 London
Reporter: Maddie Saghir

Citi has been awarded the mandate to provide ETF services for the full fund range of FinEx ETFs, Russia’s first exchange-traded fund issuer