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Citi expands UK investment trust services
28 July 2020 London
Reporter: Rebecca Delaney

Citi has extended its fund services in the UK to cover valuation, accounting, tax computation and filing, and reporting for investment trusts

Citi enhances securities services settlements in Hong Kong
22 July 2020 Hong Kong
Reporter: Rebecca Delaney

Citi has launched a proprietary solution using bot technology to offer securities services clients in Hong Kong real-time processing for matching and settlement

Intertrust Ireland appoints transfer agency head
22 July 2020 Dublin
Reporter: Rebecca Delaney

Intertrust Fund Services Ireland has appointed Blanca McGarry as head of transfer agency

BNY Mellon gets green light on new Saudi Arabia office
21 July 2020 Riyadh
Reporter: Becky Bellamy

BNY Mellon has received authorisation from the Saudi Arabia Capital Market Authority board of commissioners to conduct custody activities in the country

Graeme Devlin and Simba Mamboininga launch new consultancy firm
20 July 2020 Edinburgh
Reporter: Maddie Saghir

Graeme Devlin and Simba Mamboininga have recently launched a new consulting firm in Edinburgh to support the funds and asset management industry

BlackRock reports revenue increase for Q2
20 July 2020 New York
Reporter: Rebecca Delaney

BlackRock has reported a year-on-year revenue increase of 4 percent and a 17 percent growth in technology services revenue for Q2

Ultimus appoints names new CFO
16 July 2020 Cincinnati
Reporter: Maddie Saghir

Ultimus Fund Solution, a provider of full-service fund administration, accounting, and investor solutions, has appointed Michael K. Neborak as executive vice president and chief financial officer (CFO)

Citi wins global custody mandate from MUFG Luxembourg
16 July 2020 London
Reporter: Maddie Saghir

Citi has been appointed as the global custody solutions provider for Mitsubishi UFJ Investor Services & Banking Luxembourg, resulting in the transfer of approximately $630 billion of assets onto Citi’s platform

BNY Mellon reports YoY increase in asset servicing revenue
15 July 2020 New York
Reporter: Rebecca Delaney

BNY Mellon revealed a year-over-year increase in asset servicing revenue totalling $1.5 billion, according to its Q2 2020 earnings results

Stirling Square selects Aztec Group for fund administration
14 July 2020 St Helier
Reporter: Rebecca Delaney

The Aztec Group has been selected by Stirling Square Capital Partners to administer its new €950 million fund

Citi and BlackRock partner to enhance securities services for mutual clients
13 July 2020 New York
Reporter: Rebecca Delaney

Citi has partnered with BlackRock and its Aladdin business to improve the administration of securities services for mutual clients

Citi bolsters carrying broker services in B3 futures markets
13 July 2020 São Paulo
Reporter: Maddie Saghir

Through its futures commission merchant, Citi provides an efficient, capital effective way for clients to access the Brazilian market