Apex has appointed Barry O’Brien as senior director, business development. Based in Apex’s Dublin office, he reports to John Bohan, co-founder and country head business development (Ireland), whom he will be working with to drive the firm’s growth in Ireland. O’Brien joins Apex from U.S. Bank Global Fund Services where he was most recently director,…
Category: Bank Providers
Citi China links to BSE
Citi China has established a clearing and settlement solution with China Securities Depository and Clearing Corp. Ltd. (CSDCC) Beijing Branch to support clearing and settlement activities for the new Beijing Stock Exchange and the National Equities Exchange and Quotation Co., Ltd (NEEQ). This makes Citi one of the first international banks to do so for…
AssetMetrix hires in Lux
AssetMetrix, the Germany-based alternatives specialist in which BNP Paribas has a strategic stake, has hired Margot Ripoll as a business development associate in Luxembourg. She previously worked as a credit analyst at investment bank Bpifrance.
Ultimus hires for PE sales
Ultimus LeverPoint Private Fund Solutions has hired John Lumley as an SVP responsible for new business across the alternative investment practice, with a focus on private equity administration. He joins from J.P. Morgan.
Swiss market tests CBDC integration
The Bank for International Settlements (BIS), the Swiss National Bank (SNB), and SIX, Switzerland’s main provider of financial infrastructure services, have concluded the second phase of Project Helvetia, which looks toward a future with more tokenised financial assets based on distributed ledger technology coexisting with today’s systems. SNB and five commercial banks – Citi, Credit…
RBC sells HK business to SC
Standard Chartered has agreed to acquire the trustee and domestic asset servicing businesses of RBC Investor & Treasury Services in Hong Kong. The deal, which is subject to regulatory approval, is another step in RBC’s strategy to focus on North America and Europe. In 2020 RBC sold its Hong Kong corporate services business to SMP.
CACEIS supports new green hydrogen fund
CACEIS has been mandated by Hy24, an investment management firm specialising in green hydrogen infrastructure investment, to provide custody and registrar services for its first fund. In 2021 Ardian, a private equity investor, and FiveT Hydrogen, an investment platform focused on green hydrogen infrastructure projects, formed Hy24. The fund, Clean H2 Infra Fund SLP, will…
State Street hires for Nordic sales
State Street has hired Susanne Sørensen from Standard Chartered. Sørensen, who is based in Paris, will focus on sales in the Nordic region, reporting to Jochen Kühn, head of coverage for Germany, Austria, Switzerland, the Netherlands, and the Nordics.
Sionic hires Matt Davey
Sionic, a UK-based consultancy firm that is part of the Davies Group, has appointed Matt Davey as a partner within its asset management practice. Davey, who has worked at State Street, J.P. Morgan and HSBC, was most recently head of UK coverage, marketing, & solutions at SGSS.
CSC appoints new Netherlands head
CSC, the U.S.-based provider of corporate and fund services, has appointed Remko Dieker as managing director of its global financial markets division, overseeing the Netherlands office. He joins from CACEIS. He reports to Jonathan Hanly, managing director, Europe, succeeding Birgitte van den Broek, who is stepping down from her leadership role but will remain as…