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FCA finishes client money and custody asset rules
11 June 2014
London

The Financial Conduct Authority (FCA) has finalised changes to rules in the UK that will affect some 1500 firms that collectively hold more than £100 billion in client money and £10 trillion in assets...

NeMa: sub-custodians will survive
11 June 2014
Vienna

Sub-custodians will live to see another decade despite upcoming regulations, according to a panel of experts at the NeMa conference in Vienna...

Clearstream enjoys 5 percent custody increase in May
11 June 2014
Frankfurt

Clearstream saw rises in custody and global securities financing in May, and confirmed that its services' growth drivers remain strong...

Lombard Risk unveils COLLINE update
10 June 2014
New York

Lombard Risk Management’s latest version of its collateral solution will include an inventory manager and optimisation and substitution workflow functionalities...

Credit union sells trust business
06 June 2014
Anchorage

Alaska Trust Company is acquiring the trust division of Alaska USA Trust Company, a subsidiary of a $5.5 billion credit union...

BNY Mellon becomes global custodian for Connecticut
30 May 2014
Hartford

The Connecticut State Treasurer's Office has confirmed BNY Mellon as the global custodian for the state’s $28.5 billion public pension plans and trusts...

HSBC bags £6.5 billion mandate
19 May 2014
London

HSBC Securities Services has been appointed global custodian to the Local Government Pension Scheme (LGPS) funds for Norfolk, Suffolk and the London Borough of Hackney...

BNP Paribas extends IBG relationship
16 May 2014
São Paulo

Interactive Brokers Group (IBG) in Brazil has mandated BNP Paribas Securities Services for local custody, settlement and FX...

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