HSBC says it is using blockchain to support the custody of future digital asset classes
The new functionality and tools available on Single Rulebook allow users to research, annotate and work with both texts side by side
Citi has entered into a referral arrangement with Nordea amid its exit from the nordic sub-custody business
In his new role, Hoffman will create and further develop relationships with firms across the financial services spectrum
Custody revenues declined despite high levels of assets under custody and record deposit levels due to a sharp fall in net interest income in H2 2020
"Our aim is to work with key industry partners, to improve on existing legacy technology and to drive digital transformation across the market" says Marjan Delatinne
According to SIB, with the emergence of Bitcoin and the recently proposed digital currencies, central banks have growing competition from actors offering their own digital alternative to physical cash
Tony Freeman suggests T+0 would have “huge side effects and remove all of the benefits of netting which are significant”
