Leading the Way

Global Asset Servicing News and Commentary

Latest asset servicing news

Digital assets

Federal Reserve Board withdraws crypto-asset guidance for banks

25 April 2025 US
Reporter: Jack McRae

The Board says that this withdrawal comes with the aim of aligning itself with evolving risks and further support innovation in the banking system

People moves

Northern Trust appoints Thompson as COO for Asset Servicing

25 April 2025 UK
Reporter: Jack McRae

In this role, he will be responsible for first-line of defence risk management business management, operational oversight and strategic governance

People moves

Citi Markets appoints Goldman Sachs' Chan

25 April 2025 Singapore
Reporter: Jack McRae

In this role, Chan will drive the overall strategy to provide bespoke hedging, financing, investment solutions for financial institutions across markets

People moves

Broadridge strengthens Trading and Connectivity Solutions division

24 April 2025 Canada, US
Reporter: Carmella Haswell

Industry

LSEG’s Turquoise and LeveL Markets partner

24 April 2025 UK
Reporter: Jack McRae

People moves

Siepe expands leadership team with two hires from U.S. Bank

24 April 2025 US
Reporter: Jack McRae

Sean Kelley has been named product manager and Andrew Hosford as technical lead, both focusing on optimisation

People moves

Vermeg selects Achich as CEO

23 April 2025 Netherlands
Reporter: Carmella Haswell

With over 30 years of experience in capital markets, banking, and insurance, Tarak Achich brings expertise in leadership, management, and driving growth to his new role

People moves

Josephson and Andersson join Broadridge’s Nordic team

23 April 2025 Nordics
Reporter: Clelia Frondaroli

In their new position, Axel Josephson and Albin Andersson will be expected to drive sales for Broadridge and help Nordic firms to transform their operational efficiency

Fund Services

J.P. Morgan to offer asset servicing solutions to Iceland's Pension Fund of Commerce

23 April 2025 Iceland
Reporter: Jack McRae

They will provide global custody, fund accounting, FX, performance, risk and compliance reporting services, across LV’s securities portfolio

Leading the Way

Global Asset Servicing News and Commentary