Universal Investment, the Germany-based fund services provider, has appointed BNY as its servicing partner for its Irish ICAV-based ETF platform. BNY will provide fund administration, depositary services, and ETF-specific operational support.
Category: Bank Providers
BNPP appoints head of Americas
BNP Paribas has appointed Stéphane Pellerin as head of Americas for its securities services business. Based in New York, Pellerin will report to Claudine Gallagher, head of securities services. Pellerin will continue in his current role as head of derivatives execution & clearing and foreign exchange prime brokerage for the Americas. He replaces Denis Bon,…
BBH expands account opening API
BBH has expanded its account opening API connectivity to custodians, with SEB being the first to implement the solution. This builds on last year’s API integrations with major European fund distribution platforms, Allfunds, Clearstream and Euroclear. BBH’s account opening API supports straight-through exchange of account opening requests and confirmations between distributors, banks, platforms and custodians,…
Moss joins FNZ
David Moss has joined FNZ, the wealth platform, as group chief product officer, based in New York. He was previously at BNY for seven years after eight years at Citi.
CACEIS hires from Amundi
CACEIS will propose the appointment of Jean-Jacques Barbéris as deputy CEO in charge of coverage and digital assets, at the next meeting of the CACEIS board of directors. Before joining CACEIS, Barbéris was an executive board member at Amundi.
Apex supports Fidelity fund launch
Apex is providing transfer agency services to Fidelity International in support of the launch of its first tokenised product, which offers institutional and professional investors 24/7 liquidity. The capabilities are designed for on chain markets and real time processing environments. Apex acted as transfer agent, supporting digital investor onboarding, wallet whitelisting, and transaction processing for…
Carne hires from State Street
Carne Group, Europe’s largest third-party ManCo and a provider of fund regulation and governance solutions, has appointed Daniel Osborne as head of ETF solutions, based in London. He reports to Des Fullam, chief regulatory & client solutions officer at Carne. He was most recently COO and MD of the ETF business at State Street, where…
MUFG signs with Euroclear
MUFG has signed up for Euroclear’s Collateral Optimisation Service. The service enables clients to reduce their overall funding costs through a more cost-effective collateral allocation, freeing up high-quality liquid assets, and is fully integrated within Euroclear’s Collateral Highway, which surpassed EUR2trn in collateral under management in 2025.
BNY drops BK
In an incomprehensible act of mindless corporate vandalism, BNY has announced that it will change the ticker symbol for the common stock of The Bank of New York Mellon Corporation from BK to BNY. In its press release, BNY said that the “BNY ticker symbol aligns the company’s market identity more closely with its brand,…
BNPP appoints head of FI&C for AsPac
BNP Paribas has appointed Gary O’Brien as head of financial intermediaries & corporates (FI&C) client line for its securities services business in Asia Pacific. Based in Australia, he reports regionally to Franck Dubois, head of Asia Pacific for securities services, and functionally to Bruno Campenon, global head of the FI&C client line. He was most…