Marco Wiegmann has been appointed head of the new Depotbank with responsibility for Swiss custodian, depositary and transfer agency services within the Depotbank
As part of this mandate to service Provinzial Asset Management’s entire investment fund portfolio, BNP Paribas Securities Services, as the global custodian, will provide investment services throughout the investment process
“As one of the global leaders in the custody of digital assets, we feel this is a relationship of equals and we’re happy to help Silvergate work toward their goal of maximising capital efficiency for this rapidly growing industry,” says Sam McIngvale
The new solution with Citi is designed to integrate with wealth managers’ existing IT infrastructure and provide a fully-digital user experience for underlying customers, from opting into the programme through to managing their lending
“With our on-the-ground expertise and deep local knowledge, we’re pleased that HSBC was able to structure and support this first-of-its-kind transaction in the Saudi Arabian market," says HSBC's Madhur Bhandari
“We’re delighted to extend our relationship with TriVista and provide securities lending services to help them maximise their risk and return objectives and optimise the value of their portfolio," says Northern Trust's Mark Snowdon