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BNY Mellon named as BrasilAgro's depositary bank
08 November 2012 New York
Reporter: Jenna Jones

BrasilAgro (Companhia Brasileira de Propriedades Agricolas) has appointed BNY Mellon as the depositary bank for its American depositary receipt (ADR) programme...

Citi and UBS offer joint post-trade solution in APAC
07 November 2012 Hong Kong
Reporter: Jenna Jones

Citi and UBS have launched a combined service offering that provides a post-trade solution to broker-dealers in Asia Pacific...

NAB asset servicing adds firepower to US with Brian Keogh
07 November 2012 New York
Reporter: Georgina Lavers

National Australia Bank’s asset servicing division will move Brian Keogh to New York responsible for clients and new business opportunities outside of Australia and New Zealand...

Straight from Sibos: MyStandards seeks to transform securities community
06 November 2012 Osaka
Reporter: Georgina Lavers

T2S, Clearstream and Citi are using the collaborative standards management platform MyStandards to share standards specifications in what Swift calls a: “consistent and accessible way”...

Straight from Sibos: Citi chooses SWIFT to connect to T2S
06 November 2012 Osaka
Reporter: Georgina Lavers

Citi will use SWIFT’s Value Added Network (VAN) solution to connect to T2S due to “highly reliable and robust connectivity.” Citi also mentioned Swift’s competitive pricing as reason for adding the solution...

HSBC makes broker-dealer hires
24 October 2012 London
Reporter: Mark Dugdale

HSBC Securities Services has appointed Clive Triance as head of broker-dealer middle office insourcing and Lloyd Ushe as director of broker-dealer middle office infrastructure...

FATCA prompts Americans to consider relinquishing citizenship
22 October 2012 New York
Reporter: Georgina Lavers

American citizens who live outside the United States are increasingly considering renouncing their US citizenship as Washington prepares to roll out FATCA, said the chief executive of a financial advisory firm...

Standard Chartered announces new North East Asia head
22 October 2012 Singapore
Reporter: Georgina Lavers

Standard Chartered has appointed Sridhar Kanthadai as its new regional head of transaction banking for North East Asia. Sridhar is based in Hong Kong and formally assumed his new position on 15 October 2012...

Cathay Conning selects speedy Citi
17 October 2012 Hong Kong
Reporter: Jenna Jones

Cathy Conning Asset Management (CCAM) has outsourced its middle office to Citi after the firm guaranteed it would have operations running within five weeks...

Shock resignation as Vikram Pandit leaves Citi
16 October 2012 London
Reporter: Georgina Lavers

In a surprising turn, Vikram Pandit has abruptly left Citigroup after rumours that there were clashes between him and the board over strategy...

BNY Mellon names Suri head of APAC intermediary distribution
15 October 2012 London and New York
Reporter: Jenna Jones

BNY Mellon has appointed Navin Suri as Asia-Pacific (APAC) head of intermediary distribution...

RBC to take care of Gibraltar’s IIG Financial Services
11 October 2012 London
Reporter: Georgina Lavers

RBC Investor Services has been mandated by IIG Financial Services to provide the private wealth manager with custody and foreign exchange services...