09 November 2015Luxembourg Reporter: Stephanie Palmer
HSBC has been appointed as custodian for the first Luxembourg-based renminbi qualified foreign institutional investor (RQFII), the Industrial and Commercial Bank of China (ICBC)...
National Settlement Depository, Russia’s CSD, has seen a 28 percent increase in assets under custody, while the number of securities issued and the value of registered payments both also increased...
International central securities depositaries Clearstream and Euroclear Bank have appointed BNY Mellon to provide them with sub-depository services in the Asia Pacific...
Ashmore Group has mandated HSBC Saudi Arabia as its local custodian, as it bids to become one of the first asset managers to be approved to invest in Saudi Arabia’s stock market, the Tadawul...
28 September 2015Johannesburg Reporter: Stephanie Palmer
An increasing demand for lower costs and more effective administration is leading pension funds to look towards banks for administration functions, according to Charl Bruyns...
Post-trade services provider Clearstream enjoyed an 8 percent increase to its overall assets under custody held on behalf of customers, which rose to 13.2 trillion from 12.2 trillion in August 2014...
07 September 2015Riyadh Reporter: Stephanie Palmer
Northern Trust has been selected to provide global custody, fund valuation and accounting services to Muscat Capital, the Saudi Arabia-based investment banking arm of Bank Muscat...
10 August 2015Melbourne Reporter: Stephanie Palmer
Northern Trust has been selected to provide global custody services for UCA Funds Management, an Australian fund manager dedicated to ethical investment...
HSBC has been appointed custodian for an Irish UCITS fund that has been approved to invest in China A-Shares through the Shanghai-Hong Kong Stock Connect programme...