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La Salla takes helm at DTCC from August as Bodson retires
25 April 2022 US
Reporter: Bob Currie

BNY Mellon veteran Frank La Salla to become president and CEO of DTCC, joining the company as CEO-elect in July. Mike Bodson retires after a distinguished 10 years in charge

MUFG appoints Cahill as head of business development for its custody group
07 April 2022 US
Reporter: Carmella Haswell

Paul Cahill joins MUFG’s New York office, where he will work alongside the Global Securities Lending Solutions Group to further develop the firm’s product suite

Citi appoints Tony Osmond as chair of BCMA for Australia and New Zealand
04 April 2022 Sydney
Reporter: Jamie Wallace

Osmond joins Citi as chair of Banking, Capital Markets and Advisory for the firm’s Australia and New Zealand business, as Alex Cartel promotes to head of BCMA

EFA announces Paulo Fernandes as CCO
30 March 2022 Luxembourg
Reporter: AST

Fernandes moves from his previous role as EFA’s head of client relationship management to take chief commercial officer position at the Luxembourg-based fund services specialist

BNY Mellon hires Eruch Mody
10 March 2022 US
Reporter: Jenna Lomax

BNY Mellon has appointed Eruch Mody as senior relationship manager on its asset servicing and digital team

Globalisation continues to drive higher volume of cross-border payments, finds Volante
03 March 2022 UK
Reporter: Jenna Lomax

In a recent Volante survey, 50 per cent of small European businesses said they now make cross-border payments, and about 85 per cent across segments of all businesses, as globalisation continues to drive a higher volume of cross-border payments

Euronext and Clearstream strengthen collaboration for access to Danish markets
02 March 2022 Denmark
Reporter: Jenna Lomax

Euronext Securities has partnered with Clearstream to provide asset services to Clearstream Banking AG as investor central securities depositary (CSD) for the Danish market

Northern Trust’s Andy Osbourne retires after more than 30 years of service
28 February 2022 UK
Reporter: Jenna Lomax

Andy Osbourne, senior vice president at Northern Trust, is to retire after more than 30 years of service with the corporation

Russia’s central bank restricts short selling
25 February 2022 Russia
Reporter: Bob Currie

The Bank of Russia has imposed a ban on short selling that came into effect on Thursday 24 February and will remain until further notice

Assets on GBST’s Composer platform significantly increase in 2021
24 February 2022 UK
Reporter: Jenna Lomax

Assets on GBST’s wealth management platform, Composer, increased by almost a fifth (18 per cent) to nearly £180 billion at year-end 2021

Lack of regulatory standardisation delaying meaningful climate action
08 February 2022 UK
Reporter: Jenna Lomax

A lack of global standardisation for climate-related financial regulation has created a confusing, disconnected — and easy to ignore — cross-border compliance culture, according to analysis and research from CUBE

Apex Group appoints new managing director for Bermuda
03 February 2022 Bermuda
Reporter: Jenna Lomax

Apex Group has appointed Keith Mahon as managing director for Bermuda