U.S. Bank has appointed MUFG and Citi as sub-custodians for five additional markets in its Asia-Pacific custody network. The markets included in this move are Japan, Indonesia, Malaysia, Thailand and Vietnam. U.S. Bank is using MUFG as sub-custodian for Japan; Citi will be sub-custodian for Indonesia, Malaysia, Thailand and Vietnam. With the transition of these…
Category: Citi
Jill Evans joins TMF
Jill Evans has joined TMF, the Netherlands-based private markets administrator, as managing director of consultant relations and business development for North America and the Caribbean. She was previously at Capco, and spent nearly seven years at Citi, most notably as head of consultant relations for the securities services business, as well as acting as an…
Behan joins FundGuard
FundGuard, the cloud-native investment accounting platform that has been adopted by Citi and State Street, has appointed Simon Behan as chief commercial officer. He has previously held commercial leadership roles at Finbourne, Ocorian, Virtus Partners, Deutsche Bank and BNY.
Broadridge hires Street
Broadridge has appointed Richard Street as head of international sales. Based in London, he will report to Mike Sleightholme, president of Broadridge International. Prior to joining Broadridge, Street was chief revenue officer & head of business development at a portfolio of specialist fintechs, and has also worked at at RBC Investor and Treasury Services, and…
HSBC hires senior funds expert from Citi
Conor Hession has joined HSBC as global head of fund accounting & ETF services, based in Hong Kong. He joins from Citi, where he spent 28 years, most recently as an MD responsible for fund services product management & development across APAC.
Wynn returns to J.P. Morgan
Michael Wynn has returned to J.P. Morgan after five years at Citi, where he was most recently head of execution services for the securities services business. At J.P. Morgan Wynn is global head of liquidity and FX for its securities services business.
Citi to adopt Fenergo across Europe
Citi has adopted Fenergo’s Client Lifecycle Management platform to digitise select transfer agency services for regulated funds in Europe. The Fenergo platform will enable Citi to offer customised policy-driven risk assessments, automated data validations and real-time reporting through API connectivity. The adoption of Fenergo for regulated funds in Europe is part of Citi’s ongoing digital…
TMF appoints NA chief
TMF Group, a Netherlands-based provider of financial and corporate services, has appointed Ellen Stiene as market head for North America and the Caribbean. Her career spans executive roles at leading financial institutions, including Citi, J.P. Morgan and, most recently, Wells Fargo.
Citi & SDX collaborate on private assets
Citi and SDX are collaborating on a project for global issuers and investors. Citi will be tokenising, settling and safekeeping assets on SDX’s digital CSD platform and will bring late-stage pre-IPO equities to institutional and eligible investors on the platform. Expected to be live by the third quarter of 2025, Citi and SDX are developing…
AccessFintech launches FI settlement solution
Synergy from AccessFintach, the fintech, has launched Settlement Netting, which aims to improve operational efficiency in the fixed income markets. Synergy by AccessFintech captures data from a wide range of asset classes, including securities, derivatives, alternatives, and payments, enabling data transformations across network participants. J.P. Morgan and Citi were instrumental in the establishment of the…