In addition to custody services, Citi will provide fund administration and ETF services for the OFC ETFs
The board believes that Aguzin’s experience will help HKEX continue to build its competitiveness, as well as support the ongoing growth and development of Hong Kong’s unique financial markets
England returns to Citi from State Street where his most recent role was APAC head of client relationship management
Citi will provide custody, fund administration and trustee services for the launch of CSOP’s first exchange-traded funds in the form of an open-ended fund company
James Arnett will be based out of Capco’s Hong Kong office, and will relocate from London once travel restrictions are lifted
BNP Paribas Securities Services is set to expand its collateral management range of services in APAC to assist firms in the region manage initial margin requirements arising from non-cleared over-the-counter derivatives positions
“After recently receiving our China domestic fund custody license, this transaction is another testimony of our strong capabilities in securities services with a well-aligned offering for local and cross-border business,” says Tony Chao
OTC Clear cleared a US Dollar-Offshore Renminbi Cross Currency Swap trade by Mizuho Bank and a US Dollar-Hong Kong Dollar trade by MUFG Bank