According to BNP Paribas, the increased revenue was driven by the increase in average outstandings and an extraordinary level of transaction volumes, which was up 36.9 percent compared to Q1 2019
CACEIS in Spain has successfully migrated Popular Asset Management and Popular Pensiones business as part of the merger with Santander Securities Services
The consultation, published on 30 April, is exploring whether industry would like a more structured format of notifications and updates, to help drive further functional efficiencies
The appointment follows closely on from Apex’s announcement to expand its corporate solutions offering in APAC through obtaining a Trust and Corporate Services licence in Hong Kong
“HSBC’s planned job cuts are currently the biggest of the major UK and European banks, but others may be forced to accelerate cost-cutting along with impairment provisioning," industry expert says
