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.
Category: HSBC
Cooper leaves Northern Trust
After just over two years at Northern Trust, Duncan Cooper has left to run his own business. He was chief data officer at Northern Trust, and has also worked at BNY and HSBC. He is based in the UK.
HSBC wins in Australia
Allianz Australia has appointed HSBC as global custodian and fund administrator.
Turner joins BNY
Ed Turner has joined BNY as global product head for registered funds, ETFs, and insurance accounting, based in the UK. He was previously at HSBC.
BNPP to acquire HSBC’s Germany business
BNP Paribas has entered into an agreement with HSBC for the acquisition of the custody and depositary bank business of HSBC Continental Europe S.A., Germany, subject to regulatory approvals. As part of the agreement, the custody business staff employed at HSBC Continental Europe S.A., Germany will transfer to BNP Paribas’ securities services business in Germany.…
HSBC wins Sukuk ETF mandate
HSBC has been appointed to provide trustee, global custody and fund administration services for Premia BOCHK Saudi Arabia Government Sukuk ETF in both Hong Kong and Saudi Arabia.
HSBC to provide MO services to Eastspring
Eastspring Investments, the Asia-based manager owned by the UK’s Prudential, has appointed HSBC to provide middle office outsourced services and support its growth ambitions across multiple Asian markets, including Singapore and Malaysia. HSBC’s MO services will be integrated into BlackRock’s Aladdin platform, which Eastspring has been using since 2019. HSBC’s securities services relationship with Eastspring…
New head of securities services at SIX
Rafael Moral Santiago is to join the SIX Group executive board as head of securities services. He left HSBC in 2024 and has also worked at Deutsche Bank.
Stillabower joins Euroclear Bank board
Paul Stillabower has been appointed as an independent, non-executive board member of Euroclear Bank SA/NV. He will also be risk committee chair. Stillabower has a storied career in the investor services industry, having worked at HSBC and, most recently, RBC before the acquisition of its investor services business by CACEIS. He remains based in the…
HSBC hires top J.P. Morgan exec
HSBC has hired Jane Masen as global head of custody, effective immediately. She is based in London, reporting to Fiona Horsewill, global head of securities services. She joins from J.P. Morgan, where she was global head of network management. Suvir Loomba has been global head of custody since 2022, and will continue in his role…