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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...

NAB Asset Servicing and Deutsche Bank partner up
09 October 2012 Melbourne
Reporter: Georgina Lavers

NAB’s asset servicing business has formed a strategic alliance with Deutsche Bank’s equities arm, Deutsche Securities Australia...

Kennedy heads up KRFS San Fran office
05 October 2012 San Francisco
Reporter: Jenna Jones

Fund administrator, Kaufman Rossin Fund Services (KRFS) has hired Mike Kennedy to lead the continued expansion of their San Francisco office...

Cinnobar recruits head of sales for new monitoring service
02 October 2012 Stockholm
Reporter: Mark Dugdale

Trading and clearing venue provider Cinnober Financial Technology has hired Michael Grecoff as head of sales for its recently launched trade monitoring service, Scila Compliance...

Aviva signs ten year deal with Citi
01 October 2012 London
Reporter: Georgina Lavers

Aviva and Citi have signed a 10 year deal for the administration of Aviva’s retail wrap platform. The agreement, said a statement, signals Aviva’s...

BNY Mellon appointed as depositary by Standard Bank
01 October 2012 New York
Reporter: Georgina Lavers

BNY Mellon has been appointed by Standard Bank as depositary for its sponsored American Depositary Receipt (ADR) programme. Previously, the South African bank...

Citi’s Banamex unit branches out
20 September 2012 Mexico
Reporter: Jenna Jones

Citi’s Banamex unit has expanded its global custody and fund administration services to pension fund management companies (Afores) in Mexico...

Northern Trust recruits George Hindmarsh
17 September 2012 Hong Kong
Reporter: Georgina Lavers

George Hindmarsh will be Northern Trust’s new head of Asia Pacific business development, with responsibility for leading the company's continued growth in asset servicing...

Citi mandated for ChinaAMC’s unique ETF
05 September 2012 Hong Kong
Reporter: Georgina Lavers

Citi has been mandated to provide trustee, fund administration and custody services in support of the launch of the China Asset Management (ChinaAMC) CSI 300 Index ETF...

New head of securities and fund services at Citi
24 August 2012 London
Reporter: Georgina Lavers

Sanjiv Sawhney will be Citi’s new head of securities and fund services for the EMEA region. In this new role, Sawhney will lead the growth of Citi’s regional securities...