FAB Capital appoints Rainer Kasch as head of Saudi Arabia securities services, where he will be responsible for managing FAB Capital’s Saudi direct custody business and developing the securities services franchise with Saudi-based institutions
Saudi Arabia’s Securities Depository Center Company and Euroclear have partnered to launch a Euro-clearable link, enabling international investors access to sukuk and bond markets listed on the Saudi Exchange
The merger will enable the partners to arrange and deliver such services to institutional and large asset owners based in the country
Clearstream is set to connect the Saudi capital market to its network through a linkage with the Securities Depository Center Company (Edaa)
Based on three key elements, the offering enables products and services to be delivered under one single contract between Riyad Capital and a client
“With our on-the-ground expertise and deep local knowledge, we’re pleased that HSBC was able to structure and support this first-of-its-kind transaction in the Saudi Arabian market," says HSBC's Madhur Bhandari
BNY Mellon partners with NCB Capital to provide custody and asset servicing in Saudi Arabia
HSBC Saudi Arabia has succeeded in becoming the first company to establish an electronic link for a custodian within the Saudi market
