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FNZ acquires Fondsdepot bank


16 January 2023 Germany
Reporter: Lucy Carter

Sebastian Henrichs will remain in his post as Fondsdepot Bank CEO and will take on leadership of FNZ Germany
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Sanlam Private Wealth picks Citi for custody services


26 October 2022 South Africa
Reporter: Jenna Lomax

South Africa-based wealth manager Sanlam Private Wealth has selected Citi Securities Services for execution, cash and custody services for non-domestic client securities
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SIX expands Spanish offerings


11 October 2022 Spain
Reporter: Lucy Carter

SIX has announced that it will provide Spanish securities clients with direct market access to Iberclear, the Spanish Central Securities Deposit
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State Street selects FundGuard’s accounting solution


07 October 2022 US
Reporter: Lucy Carter

FundGuard’s solution will allow for straight through processing, from portfolio management to trading in the Charles River Investment Management Solution, as well as custody and administration services
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SEC charges investment advisors with Custody Rule violations


09 September 2022 US
Reporter: Jenna Lomax

Without admitting or denying the findings, the firms agreed to be censured, to cease and desist from violating their respective charged provisions, and to pay civil penalties, collectively totalling more than $1 million