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State Street grabs large US insurance mandate


11 September 2013 London
Reporter: Georgina Lavers

State Street has been appointed by EMC Insurance Companies to provide full custody and investment analytics services. EMC is one of the top insurance organisations in the US...
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SGSS helps equity broker move house


03 September 2013 Paris
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has completed the transfer of global back-office related activities from Cheuvreux to Kepler Cheuvreux...
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NAB Asset Servicing shakes hands again with UBS


03 September 2013 Sydney
Reporter: Georgina Lavers

National Australia Bank’s Asset Servicing business has been re-appointed to provide custodial services to fund manager client UBS Global Asset Management in Australia for a further three years...
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Citi heads down into Jamaica


20 August 2013 Kingston
Reporter: Georgina Lavers

Citi has expanded its mandate with the Caribbean bank Sagicor Jamaica to provide fund administration, global custody and treasury service...
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CIBC Mellon services university's assets


08 August 2013 Charlottetown
Reporter: Georgina Lavers

CIBC Mellon has been selected to provide asset servicing for the pension plan for employees of the University of Prince Edward Island and the UPEI endowment funds...
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Cordea Savills transfers real estate care over to CACEIS


30 July 2013 Munich
Reporter: Georgina Lavers

Cordea Savills Invest GmbH, the investment company of Cordea Savills group, will transfer its depotbank services for real estate funds to CACEIS in the third quarter of 2013...
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CACEIS opens Belgian depository


29 July 2013 Belgium
Reporter: Georgina Lavers

CACEIS has opened a new depository bank branch in Belgium, where it currently provides fund administration services...
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BNP Paribas snaps up Commerzbank's depot business


26 July 2013 London
Reporter: Georgina Lavers

BNP Paribas Securities Services has acquired Commerzbank’s depotbank business for German-domiciled UCITS and institutional funds, securities funds as well as open-ended real estate funds...
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NYC opts for State Street


23 July 2013 New York
Reporter: Mark Dugdale

State Street is in line to replace BNY Mellon as the master custodian of New York City’s five pension funds. The city’s comptroller John Liu said that State Street’s proposal was the cheapest to emerge from an open bidding process...
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Citi mandated for Mirae/Horizons ETF


19 July 2013 New York
Reporter: Georgina Lavers

Citi has been mandated by Mirae Asset to provide fund administration, custody and index receipt services for a new ETF platform in the US under the Horizons brand...
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Citi signs up the Nationwide Building Society


11 July 2013 London
Reporter: Georgina Lavers

Citi has been appointed custodian of the Nationwide Building Society's assets held in Euroclear and DTC. These assets, worth around $10 billion, were migrated to Citi on 7 June 2013...
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Peregrine calls on SGSS for custody services


11 July 2013 Paris
Reporter: Jenna Jones

Peregrine Equities, part of the Peregrine Group, has selected Societe Generale Securities Services (SGSS) in South Africa to provide them with custody services...