Citi has been appointed as depository and custodian by Tatton Investment Management Ltd for the Tatton fund range in the UK. Apex FundRock has been appointed as the authorised corporate director. The appointments cover multiple UK fund umbrellas and approximately GBP10bn (USD13.5bn) AuM. Alongside the ACD mandate, Apex will provide fund administration and transfer agency,…
Category: Bank Providers
RBC grows assets by 15pct
RBC Investor Services reached CAD3.1trn (USD2.2trn) AuC/A in Q2 2026, up 15pct YoY.
State Street signs MoU in Oman
State Street has signed a memorandum of understanding with Jadwa Investment, a Middle Eastern investment management and advisory firm, to collaborate in the Sultanate of Oman. The two firms will jointly identify and develop opportunities to expand their offerings to institutional clients in Oman, with a focus on asset servicing and global custody. State Street…
Northern Trust promotions within asset servicing
Following the recent appointment of Clive Bellows and Guy Gibson as co-presidents of asset servicing, Northern Trust has made changes within its asset servicing business. Nick Gilbert has been appointed head of asset servicing, EMEA, a newly expanded role with responsibility for both asset owners and asset managers, aligning the EMEA region’s structure with Northern…
Jeacock joins CACEIS
Matthew Jeacock has joined CACEIS as a director & sales executive with the UK client coverage team. He previously spent nine years at BNY.
BNPP reshuffles offshore management
BNP Paribas has appointed Robert van Kerkhoff as head of institutional investors sales & client coverage, and Alison Gurd as head of client experience & servicing. Both report to Alessandro Gioffreda, head of client coverage & territories for securities services. Van Kerkhoff will be based in Madrid, moving from Luxembourg, where he was most recently…
UI appoints BNY
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.
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.