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S.D. Indeval selects BNP Paribas for custody services
19 December 2018 New York
Reporter: Maddie Saghir

BNP Paribas explained that this is a “strategic mandate” for the firm in the Americas

Grange Insurance selects Northern Trust for global custody services
19 December 2018 Chicago
Reporter: Rebecca Delaney

Northern Trust has been appointed by Grange Insurance to provide global custody and insurance investment accounting services to its investment operations

Citi reshuffles its prime brokerage business
19 December 2018 New York
Reporter: Maddie Saghir

Citi has reshuffled its prime brokerage business and will move its foreign exchange prime brokerage business under the same umbrella as its prime finance and securities services business

TMF Group acquires State Street’s PERE
19 December 2018 London
Reporter: Maddie Saghir

TMF Group has acquired State Street’s Private Equity and Real Estate fund servicing business in the Chanel Islands

Blythe Masters steps down as CEO of Digital Asset
19 December 2018 New York
Reporter: Maddie Saghir

Digital Asset CEO Blythe Masters has requested to step down for personal reasons

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