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Ocorian internally appoints global funds co-heads
09 December 2022 Jersey
Reporter: Lucy Carter

Financial services provider Ocorian has appointed Ben Hill (pictured) and Yegor Lanovenko as co-heads of global funds

Controlling costs is institutional investor priority, Clearwater finds
07 December 2022 US
Reporter: Lucy Carter

Recent research from Clearwater Analytics has found that cost control through improved operational efficiency is the budget priority for 80 per cent of institutional asset owners heading into 2023.

LSF funding facility aims to bring developed repo market to Africa
06 December 2022 Africa
Reporter: Bob Currie

This service aims to enhance the liquidity of a basket of sovereign eurobonds, with issuers including Angola, Egypt and Kenya, and to encourage investments related to the UN’s Sustainable Development Goals in Africa

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

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

DTCC publishes CBDC pilot findings
30 November 2022 US
Reporter: Lucy Carter

DTCC has published the findings of its pilot programme investigating how tokenised securities and a wholesale CBDC would operate in the US settlement infrastructure

Rhys Thomas returns to Northern Trust
29 November 2022 UK
Reporter: Lucy Carter

Northern Trust has appointed Rhys Thomas as senior vice president for security operations

Tony Jones leaves JP Morgan
29 November 2022 UK
Reporter: Lucy Carter

During his time with the company, Jones served as market manager for network management and later for financial market infrastructure

Heath Davies named as TrustQuay non-executive chairman
28 November 2022 UK
Reporter: Lucy Carter

Working with Keith Hale, group CEO, he will be responsible for driving the company’s growth and global expansion

SIX Digital Exchange welcomes Alexandre Kech
24 November 2022 Switzerland
Reporter: Jenna Lomax

Based in Switzerland, Kech will be responsible for the digital securities business including sales and relationship management, product development, business design and ecosystem expansion

Citi’s China-Swiss Stock Connect programme gains new clients
18 November 2022 United Kingdom
Reporter: Lucy Carter

Sunwoda Electric Company and Hangzhou GreatStar Industrial Company have chosen Citibank’s issuer services as the depositary bank for their global depositary receipt programmes, listed on the SIX Swiss Exchange.

Schroders first European asset manager to use ForexClear
14 November 2022 UK
Reporter: Lucy Carter

Schroders has become the first European asset manager to clear through LCH ForexClear, with ForexClear member Citi serving as clearing broker