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HSBC to sell accounting and valuation entity in Korea

HSBC Asia Pacific has entered into an agreement to sell its 92.96 percent stake in HSBC Fund Services Korea to Koscom Corporation

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Tabula appoints HSBC to service for three more European ETF sub funds

HSBC has been appointed by Tabula Investment Management to service another three sub funds on their Irish domiciled Tabula ICAV UCITS platform

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HSBC appointed as trustee for BlackRock ETF

HSBC has been appointed as trustee for the first master-feeder exchange-traded fund domiciled in Hong Kong

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HSBC wins custody mandate to service £43bn in assets

HSBC has been appointed as custodian and fund administrator by ReAssure, the UK life and pensions company

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HSBC launches ESG reporting service

HSBC has launched a new reporting service to provide an independent assessment of environmental, social and corporate governance issues within listed asset investments

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HSBC teams up with IHS Markit to Use WSO Platform

HSBC is set to leverage the IHS Markit Wall Street Office platform to provide private loan administration services for clients of its securities services business

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HSBC Securities Services unveils new data platform

HSBC Securities Services is set to launch Data Mesh, a new data platform that will allow clients to select specific trade data

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HSBC launches UK transfer agency business

HSBC Securities Services has launched a UK transfer agency (TA) business, servicing both retail and institutional investors

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HSBC gains custody mandate for TIH in Singapore

HSBC Securities Services has secured and successfully on-boarded a mandate for TIH Investment Management in Singapore

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Deutsche Bank and HSBC set for further cost cuts amid COVID-19 challenges

Banking giants HSBC and Deutsche Bank are said to be looking to further reduce costs with pay cuts for staff amid COVID-19 challenges and major restructuring plans

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Proxymity launches industry-led consortium

The newly formed consortium includes BNY Mellon, Citi, Clearstream, Computershare, Deutsche Bank, HSBC, J.P. Morgan, and State Street

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HSBC halts job cuts and restructures

“HSBC’s planned job cuts are currently the biggest of the major UK and European banks, but others may be forced to accelerate cost-cutting along with impairment provisioning," industry expert says

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