BBVA Switzerland has signed an agreement with Metaco, the Switzerland-based digital asset infrastructure provider, to host its digital asset custody service on its Harmonize platform. In 2021, BBVA launched a Bitcoin trading and custody service. This was later expanded to include Ether. The bank has now migrated its custody service to Harmonize, which offers greater…
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Northern hires global head of collateral
Northern Trust has appointed Barney Binder as global head of collateral. Based in London, he reports to Nadia Ivanova, head of business services for the asset servicing business. Binder joins from HSBC, and has also worked at Morgan Stanley.
Citi appoints new FX head
Citi has appointed Diana Shapiro as global head of FX for its securities services business, based in New York. She was previously head of FX & collateral services for North & Latin America.
IQ-EQ promotes Giannone
David Giannone, who joined IQ-EQ in New York as business development director earlier this year from RBC, has been promoted to chief commercial officer, Americas.
Hodges converts to Ultimus
Ultimus Fund Solutions, the independent provider of fund administration, accounting, and investor solutions, is the new service provider for the family of mutual funds advised by Hodges Capital Management. With Ultimus’ guidance, Hodges, an asset management firm with nearly USD1bn AuM, completed a multi-fund conversion, which included reorganisation of the funds from one series trust…
Taurus opens in Frankfurt
Taurus SA, the Switzerland-based digital asset infrastructure provider, has opened an office in Frankfurt, Germany. Leading the new office is Andreas Beller, who brings extensive experience in the financial sector gained at Commerzbank and Deutsche Bank. Taurus recently announced a partnership with Deutsche Bank, allowing the bank to extend digital asset custody services to its…
Nebraska moves to Northern Trust
The Nebraska Investment Council (NIC) has selected Northern Trust to provide asset management and asset servicing solutions, including custody, portfolio analytics and securities lending, for its pension fund. The NIC is an independent state agency that manages USD37.5bn across 32 investment programs. NIC provides investment services to the state of Nebraska and is responsible for…
Zodia launches network solution
Zodia Custody, the digital assets custodian, has launched Interchange Connect, which it claims will make it the most connected custodian for institutional digital asset custody. Interchange Connect is a network of networks across the spectrum of institutional-focused digital asset custody services. Additionally, Zodia has established a collaboration with Copper’s Clearloop Network to provide greater optionality…
HornbyChapman hires for MENA
HornbyChapman, the specialist asset servicing recruiter, has appointed Nigel Brill as managing director, MENA, to be based in its recently-opened Abu Dhabi office in Al Maqam Tower, Al Maryah. Brill has worked for Deutsche Bank and Northern Trust, inter alia.
Salvage joins Amundi
Peter Salvage has joined Amundi Technology as global head of consulting relations and strategic partnerships. Salvage was most recently at Enfusion, and has also worked at BNY Mellon and Citi.