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Citi ceases to restructure
27 July 2017 New York
Reporter: Stephanie Palmer

Citi has announced the end of the restructuring that came as a response to the financial crisis, now the franchise has been “streamlined”, according to the bank’s CEO Michael Corbat

BNY Mellon recruits for alternative investment team
21 July 2017 New York
Reporter: Jenna Lomax

BNY Mellon has made two senior appointments to its alternative investment services team

Citi boosts custody and fund services team
17 July 2017 Dublin
Reporter: Stephanie Palmer

Citi has made three new senior hires to its custody and fund services team in Europe, the Middle East and Africa

New hire in HSBC’s client management team
06 July 2017 London
Reporter: Stephanie Palmer

HSBC has appointed Terry Alleyne to its securities services client management team, as a client executive

Citi launches big data platform for custody and fund services
30 June 2017 New York
Reporter: Katherine Brown

The platform concentrates on data analyses across Citi custody and fund services products and will be broadened to include investor services

Custody not a commodity
28 June 2017 Warsaw
Reporter: Stephanie Palmer

Viewing custody and clearing as a commoditised industry could be putting pressure on pricing and threatening the industry, according to speakers at The Network Forum

J.P. Morgan recruits new head of global custody
28 June 2017 London
Reporter: Mark Dugdale

Hughes has joined the bank from Deutsche Bank, where he was head of strategic execution for global securities services

ECB to launch new faster payments system
22 June 2017 Frankfurt
Reporter: Stephanie Palmer

The European Central Bank (ECB) is expanding its TARGET 2 instant payments system to facilitate retail payments throughout Europe

Citi recruits Matthew Bax
21 June 2017 London
Reporter: Barney Dixon

Citi has hired Matthew Bax as its Europe, Middle East and Africa (EMEA) head of sales for custody and fund services

BNY Mellon names Salvage as global head of hedge fund services
16 June 2017 New York
Reporter: Drew Nicol

BNY Mellon has secured Peter Salvage for the newly created role of global head of hedge fund services

MainstreamBPO to expand in Europe and Cayman through Trinity acquisition
23 May 2017 Sydney
Reporter: Stephanie Palmer

MainstreamBPO has entered into an agreement to acquire Trinity Fund Administration in Dublin and the Cayman Islands

Wolters Kluwer fills new strategy chief role
18 May 2017 London
Reporter: Drew Nicol

Wolters Kluwer has hired Rajat Somany for the newly created role of global head of strategy, product and platform management for its finance, risk and reporting business