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FundRock appoints new CEO
18 December 2018 Luxembourg
Reporter: Jenna Lomax

FundRock has appointed Xavier Parain as CEO, effective from 7 January 2019

BNY Mellon to pay $54 million to settle charges for ADRs
18 December 2018 Washington DC
Reporter: Jenna Lomax

BNY Mellon will pay more than $54 million to settle charges of improper handling of 'pre-released' American depositary receipts, the Securities and Exchange Commission has revealed

EFAMA: worldwide investment fund assets increases
18 December 2018 Brussels
Reporter: Jenna Lomax

Investment fund assets worldwide increased by 2.1 percent to €47 trillion at end Q3 2018, according to The European Fund and Asset Management Association

ICBC Asia goes live on SS&C’s Geneva World Investor
18 December 2018 Connecticut
Reporter: Jenna Lomax

ICBC (Asia) Trustee, a subsidiary of Industrial and Commercial Bank of China (ICBC Asia), is now live on SS&C’s Geneva World Investor as their fund administration solution

BNP Paribas bolsters team
18 December 2018 Paris
Reporter: Jenna Lomax

BNP Paribas Securities Services has appointed Dennis Bon as global head of depositary and fiduciary services

Amiral Gestion selects CACEIS
18 December 2018 London
Reporter: Maddie Saghir

Amiral Gestion has selected CACEIS and its OLIS Performance tool to facilitate the management of its funds’ investment strategy

Oslo Børs signs agreement with UnaVista
18 December 2018 Oslo
Reporter: Jenna Lomax

Oslo Børs has partnered with UnaVista to provide transaction reporting for UnaVista’s trading members

Apex appoints Emmanuel Tuffuor
18 December 2018 New York
Reporter: Maddie Saghir

Apex Group has appointed Emmanuel Tuffuor as head of private equity business development for the Americas and global head of tax

Citi appoints Badri Nivas
17 December 2018 Mumbai
Reporter: Maddie Saghir

Citi has appointed Bardi Nivas as head of markets and securities services for South Asia, subject to regulatory approvals

Carey Olsen’s Bermuda office exceeds expectations
17 December 2018 Bermuda
Reporter: Maddie Saghir

Carey Olsen Bermuda has “significantly exceeded expectations” in its first year of operation, according to managing partner Michael Hanson

Jersey fund administration values break £300 billion milestone
17 December 2018 Saint Helier
Reporter: Jenna Lomax

The value of regulated funds serviced in Jersey has broken through the £300 billion barrier for the first time, according to the JFSC

Fineco chooses BNP Paribas for custody services
17 December 2018 Dublin
Reporter: Jenna Lomax

BNP Paribas Securities Services is set to provide Fineco Asset Management with a range of custody and depositary banking services in Ireland