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US Bank promotes Breda Sullivan
05 December 2022 Ireland
Reporter: Lucy Carter

US Bank Investment Services has promoted Breda Sullivan to head of depositary, custody and banking

Citi welcomes Md. Moinul Huq as Bangladesh country officer
05 December 2022 Bangladesh
Reporter: Jenna Lomax

As country officer, Huq will lead the Citi franchise in Bangladesh and will be responsible for Citi’s business and governance in the country

Clearstream signs MoU with KSD
05 December 2022 Luxembourg
Reporter: Lucy Carter

By reinstating its omnibus account services in Korea, Clearstream’s MoU will mean that foreign investors can forgo procuring a IRC or opening a segregated account with a local custodian in Korea

Perpetual Guardian selects TrustQuay
05 December 2022 New Zealand
Reporter: Lucy Carter

New Zealand-based trust and estate planning company Perpetual Guardian has partnered with technology provider TrustQuay

FIS’ InnovateIN48 competition expands to APAC
05 December 2022 US
Reporter: Lucy Carter

Financial services provider FIS has expanded its annual InnovateIN48 fintech competition into the APAC region with a ‘Partner Edition’ of the initiative

BNY Mellon CMAs show importance of alternatives
05 December 2022 US
Reporter: Lucy Carter

BNY Mellon Investor Solutions has released its capital market return assumptions for the next decade, providing investor guidance for long-term policy portfolio development

Discrimination remains rife, Race to Equality Report finds
05 December 2022 UK
Reporter: Lucy Carter

2022 marks the second year of the ‘Race to Equality in UK Financial Services’ report, which surveys 800 financial services workers who have more than a decade of experience in the industry

MUFG Bank signs up to CLSNet
02 December 2022 UK
Reporter: Lyndsey Young

MUFG Bank is the first Japanese bank to use the service

OCC names Thakkar as chief risk officer
02 December 2022 US
Reporter: Carmella Haswell

Vishal Thakkar is responsible for implementing OCC’s risk management framework and serves on the Management Committee

Ampega furthers digitisation project with SimCorp
02 December 2022 Denmark
Reporter: Lucy Carter

Already using SimCorp’s back- and middle-office suite, Ampega will now onboard SimCorp Dimension’s front-office suite which includes portfolio management and order and trade processing

EBA publishes real-time data in liquidity management report
02 December 2022 France
Reporter: Lucy Carter

The report, ‘Use of real-time data’, discusses the potential benefits and opportunities that banks could see if they had real-time data access, a capability that some companies already possess

Anne Storie heads Apex’s Cayman division
02 December 2022 Cayman Islands
Reporter: Lucy Carter

Apex has appointed Anne Storie as country head for the Cayman Islands, effective immediately. She reports to Georges Archibald, chief innovation officer and managing director for the Americas