All latest asset servicing news

Phoenix American form new client partnership with Time Equities

28 September 2020 San Rafael
Reporter: Maddie Saghir

Phoenix American, a fund administration provider, has entered into a new client partnership with New York-based real estate investment and development firm, Time Equities

ESMA publishes draft rules for third country firms under MiFID II

28 September 2020 Brussels
Reporter: Maddie Saghir

ESMA has published draft regulatory and implementing technical standards for third-country firms under MiFIR and MiFID II regimes

State Street hires new client executive for EMEA

28 September 2020 Frankfurt
Reporter: Maddie Saghir

State Street has appointed Nils Hoffmann as a client executive for Europe, Middle East and Africa, based in Frankfurt

Ocorian acquires Newgate Compliance

28 September 2020 Jersey
Reporter: Maddie Saghir

The acquisition is set to strengthen Ocorian’s service offering to asset managers that operate in the regulated UK market

Northern Trust expands UAE asset servicing team

28 September 2020 Abu Dhabi
Reporter: Maddie Saghir

The two new positions support Northern Trust’s continued business growth across the region, and follow the expansion of its senior management team in Saudi Arabia, announced earlier this month

HSBC named global custodian for Samsung Fire & Marine Insurance portfolio

28 September 2020 Seoul
Reporter: Maddie Saghir

Samsung Fire & Marine Insurance has appointed HSBC as global custodian for part of its investment portfolio in the US, Europe, Japan and China

Banque de Luxembourg taps MarketAxess for trading solution

28 September 2020 New York
Reporter: Drew Nicol

Axess IQ launched in November 2019 and has been imbued it with “further enhancements”, including the integration of Auto-X, the automated trading solution, and Composite+, an artificial intelligence-powered pricing engine, into its workflow