News search | Securities Finance Times

Generic business image for news articles

Many firms “shockingly unprepared” for T+1, ISITC Summit panellist says
24 March 2023 US
Reporter: Lucy Carter

The financial services industry “is halfway through a marathon” in its preparations for T+1, according to a panellist at this year’s ISITC Summit in Boston

State Street terminates acquisition of BBH’s Investor Services business
30 November 2022 US
Reporter: Carmella Haswell

State Street agreed that “it is not in the best interests of clients, shareholders or employees to continue to invest time and resources in the transaction in this challenging financial services M&A environment”

State Street to acquire BBH
07 September 2021 UK
Reporter: Jenna Lomax

State Street will take over BBH’s Investor Services business, including its custody, accounting, fund administration, global markets and technology services, for US $3.5 billion

BBH launches connectors programme
09 June 2021 US
Reporter: Becky Bellamy

The connectors programme is launching with four unaffiliated external firms — Clearwater Analytics, Financial Recovery Technologies, IdealRatings and OnCorps — while also using several BBH-built solutions

Michael Madsen joins HSBC from BBH
05 May 2021 Luxembourg
Reporter: Maddie Saghir

Based in Luxembourg, Madsen will report to Tony McDonnell, global head of alternative investments, securities services and Niccolo Polli, CEO, HSBC Luxembourg

DTCC: complete industry engagement needed to move from T+2 to T+1
12 April 2021 US
Reporter: Maddie Saghir

Mike Bodson, president and CEO at DTCC, says: “I believe accelerating settlement should be right at the top of everyone's list"

BBH supports Guinness Atkinson in converting mutual funds into ETFs
01 April 2021 US
Reporter: Maddie Saghir

“This conversion was possible thanks to the work with our great partners at BBH and we are grateful for their expertise and effort,” says Jim Atkinson, CEO of Guinness Atkinson Asset Management

CSDR: there are yet to be changes in industry behaviour
23 March 2021 UK
Reporter: Maddie Saghir

“The industry would like to start seeing trade fails come down to the point where the industry’s investment into this space will kick in but I'm certainly not seeing this yet," says BNY Mellon's Martin Smith

BBH: ETFs remain a ‘core component’ of an asset manager’s product suite
11 December 2020 US
Reporter: Maddie Saghir

BBH has launched its inaugural C-Suite Asset Manager Survey, which found that 63 percent of respondents either have exchange traded funds (ETFs) or are looking to enter the market

DTCC hires former BBH head of custody product Bob Stewart
27 October 2020 Boston
Reporter: Becky Bellamy

Former BBH head of custody product Bob Stewart has joined DTCC as executive director of institutional trade processing

Intertrust bolster Luxembourg funds team
27 July 2020 Luxembourg
Reporter: Rebecca Delaney

Intertrust has made three new appointments to its funds leadership team based in Luxembourg

BBH named fund administrator for GaoTeng’s first UCITS fund
14 May 2020 Dublin
Reporter: Maddie Saghir

Brown Brothers Harriman has been appointed as fund administrator for Hong Kong-based GaoTeng Global Asset Management following the launch of its first UCITS fund