AssetMetrix, the Germany-based specialist asset servicing provider in which BNP Paribas has a stake, has appointed Joerg von Taube as head of the newly created account management function within its business development team. He joined AssetMetrix in 2017.
Category: Bank Providers
BondEvalue appoints Citi as bond custodian
Citi has been selected by BondEvalue Pte Ltd to act as a custodian for the underlying bonds traded on BondbloX, its digital exchange for fractionalized assets. Under the agreement, Citi will provide asset safekeeping and servicing solutions. BondEvalue, a Singaporean fintech company founded in 2016, launched the world’s first fractional bond exchange in 2020 after…
State Street hires BNY Mellon’s Ann Fogarty
State Street has hired BNY Mellon’s Ann Fogarty as deputy head of the global delivery unit. She has responsibility for State Street’s custody, middle office, transfer agency and client service operations. Fogarty reports to Liz Nolan, head of global delivery. She will also join State Street’s management committee. At BNY Mellon, Fogarty was most recently…
State Street appoints O’Reilly to head alts in EMEA
State Street has appointed Vincent Georgel-O’Reilly as regional segment head for alternatives in EMEA. In this new role, O’Reilly covers hedge funds and private markets and is responsible for advancing the investment services strategic direction, product structuring, sales and operations in EMEA. He reports to Paul Fleming, global head of alternatives and Joerg Ambrosius, chief…
BNY Mellon invests in Fireblocks
Fireblocks, a provider of software to store, transfer and issue digital assets, has raised USD133m in Series C venture capital funding. BNY Mellon is one of the investors.
HSBC completes first sec lending trade in Saudi Arabia
HSBC has completed the first securities lending transaction in Saudi Arabia. HSBC acted as custodian and agent lender on the transaction for a large regional asset owner, enabling HSBC, in its role of prime broker, to borrow Saudi Arabian equities from the asset owner and provide access to the country’s equities market for a global…
Kay Hayre joins BNY Mellon to co-head IM sales
Kay Hayre has joined BNY Mellon as co-head of investment managers (IM) sales. In this role, Hayre will partner with co-head Laura Steinbach to drive business development activities, advance strategic relationships, and grow the firm’s pipeline of opportunities with IM prospects and clients globally. She will focus on IM business development internationally, whilst Steinbach will…
HSBC launches fund admin services in Thailand
HSBC has launched fund administration services in Thailand. This comes after Thailand’s Securities Exchange and Commission relaxed outsourcing rules to improve the efficiency of local fund managers’ operations. Under this model, clients can use HSBC’s fund administration services in addition to custody and fund supervisory services currently offered. The service will be offered through Multifonds,…
Citi appoints David Brown to senior APAC client role
Citi has appointed David Brown as Asia Pacific head of client executive and account management for custody and fund services. Based in Hong Kong, he reports to Irimga McKay, global head of client executives and account management for custody and fund services, and David Russell, Asia Pacific head of securities services and Hong Kong head…
CACEIS to service Theoreim’s new RE funds
CACEIS has been selected as provider for Theoreim’s first two real estate funds. Theoreim is an independent asset management company specialising in real estate investments and received authorisation from the French Autorité des Marchés Financiers in September 2020. CACEIS, now provides depositary banking services for both funds, in addition to fund accounting and transfer agency…