Category: Bank Providers

State Street Corporation has appointed Theresa McLaughlin as global chief marketing officer, with responsibility for marketing, branding, creative, communications, media, thought leadership, and events, inter alia. McLaughlin joins from TD Bank Financial Group where she was global chief marketing, customer experience & corporate citizenship officer for the past eight years. Based in Boston, she will…

Singapore Exchange (SGX) and Euroclear Bank have launched the Orchid bond structure in Singapore, combining domestic bond issuance with global distribution channels. International investors will be able to purchase bonds issued by Singapore-based issuers directly on SGX’s wholly owned subsidiary, The Central Depository, via Euroclear. HSBC acts as arranger, custodian bank and paying agent for…

Northern Trust reports strong demand for its currency management services, with a number of significant new mandates over the past 12 months. Newly onboarded clients including Blackwall Capital Investment AG, Kieger AG and TT International Asset Management Limited, in addition to significantly expanded services for existing clients including AMX (The Asset Management Exchange) and Rockefeller…

Amundi US, the US business of Amundi, one of the world’s ten largest asset managers, has appointed BNY Mellon to provide custody, fund accounting, administration and transfer agency services for the Pioneer Funds, which are managed by Amundi US. Amundi and BNY Mellon recently announced an alliance involving Amundi’s ALTO* portfolio management technology platform and…

Northern Trust has entered into an agreement with National Quality Review (NQR) to provide U.S. mutual fund managers with access to NQR Intermediary INSIGHT, a service that helps managers support their operational oversight of intermediary firms – entities that facilitate financial transactions between investors and investment products. Under the terms of the agreement NQR will…

Daniel Klier is to join Arabesque Group as the new CEO of Arabesque S-Ray GmbH and president of the Arabesque Group, effective in June 2021. He will lead the expansion of Arabesque S-Ray’s ESG data, advisory and research services worldwide. He was previously at HSBC, where he was global head of sustainable finance, Arabesque is…

BNY Mellon has established a Digital Assets unit that will accelerate the development of solutions and capabilities to help clients address growing and evolving needs related to the growth of digital assets, including cryptocurrencies. The cross-functional, cross-business team, which will be led by Mike Demissie, head of Advanced Solutions at BNY Mellon, is currently developing…