CACEIS has been selected by Sal. Oppenheim to handle its physical asset depository activities in Germany. The migration volume amounts to some €12 billion in physical assets...
A number of operators of European securities markets have announced that they will implement the migration to T+2 from T+3 for cash transactions and to T+1 from T+2 for repo transactions...
Citi has been appointed by Land Securities Group, the UK’s largest commercial property company, as depositary bank for its sponsored Level 1 American Depositary Receipt (ADR) programme...
BNP Paribas Securities Services has acquired Banco Popular’s depositary banking business. The transaction is expected to close in early summer 2014, subject to regulatory approval...
Deutsche has created an investor services business within its trust and securities services/cash management financial institutions, appointing Rafael Moral as global head of the business...
Clearstream’s March 2014 figures saw a continued peak of assets under custody at €12.1 trillion, and significant growth across all four Clearstream business streams of custody, settlement, global securities financing, and investment funds service