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Commerzbank and Deutsche Bank discontinue merger plans
25 April 2019 Frankfurt
Reporter: Jenna Lomax

Commerzbank and Deutsche Bank have discontinued discussions in relation to combining their businesses

Oak and IAG acquisition awaiting regulatory approval
25 April 2019 St Peter Port
Reporter: Rebecca Delaney

IAG has been acquired by private client, corporate services and fund administration group Oak

Credit Benchmark appoints Craig Broderick to head new advisory board
25 April 2019 New York
Reporter: Jenna Lomax

Credit Benchmark has appointed Craig Broderick, former chief risk officer of Goldman Sachs, as the head of its new advisory board

Intesa Sanpaolo joins Euroclear’s single CSD platform
25 April 2019 Brussels
Reporter: Rebecca Delaney

Intesa Sanpaolo has partnered with Euroclear on its single CSD platform

INTL FCStone launches prime brokerage division
25 April 2019 New York
Reporter: Maddie Saghir

INTL FCStone has launched a prime brokerage division, which offers custody, self-clearing, multi-asset prime brokerage, execution and outsourced trading

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

Financial Risk Solutions enters Australian market
24 April 2019 Sydney
Reporter: Jenna Lomax

Financial Risk Solutions’ solution, Invest|Pro, has entered into the Australian investment administration software market, following an acquisition by Constellation Software

Citi and ISS launch high frequency connection for Proxymity voting platform
24 April 2019 London
Reporter: Jenna Lomax

Citi has launched a high frequency connection to Proxymity SM, a digital proxy voting platform, developed through Citi's D10XSM programme, in collaboration with Institutional Shareholder Services

ONC launches new custody service
24 April 2019 Singapore
Reporter: Jenna Lomax

Onchain Custodian has launched a personalised custody service for market participants and accredited investors to secure digital assets with institutional grade security and controls

ALFI welcomes CBDF final outcome
23 April 2019 Luxembourg
Reporter: Maddie Saghir

ALFI welcomes the final outcomes of the interinstitutional negotiations on the European Commission’s 2016 proposal on CBDF

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

big xyt platform introduces TCA to its analytics platform
23 April 2019 London
Reporter: Jenna Lomax

Big xyt has introduced transaction cost analysis to its analytics platform