HSBC has appointed Sophie Villecourt as head of account management, UK, for its markets & securities services business. She moves up from her previous role as sales and business development manager for the insurance sector.
Category: Bank Providers
CACEIS/BNPP JV receives regulatory approvals
The draft agreement between BNP Paribas’s securities services business and CACEIS to combine their issuer services businesses, first announced in March 2022, has received approvals from the competition and regulatory authorities. The JV will be called Uptevia.
BNP Paribas invests in AccessFintech
BNP Paribas has invested in AccessFintech, a fintech focused on the capital markets’ operating model through data and workflow collaboration. The investment is being made by BNP Paribas’s securities services unit. Clients will be able to enhance operational efficiency through the deployment of AccessFintech’s Synergy data collaboration network. Synergy helps market participants reduce collateral needs…
State Street consolidates client & product oversight
State Street has confirmed the creation of two new senior management roles that are designed to consolidate and streamline oversight of the product and client lines globally. Both positions report to Lou Maiuri, president and head of investment services. Jörg Ambrosius is chief commercial officer, responsible for achieving financial and strategic objectives for clients, as…
Securrency hires Chakar as CEO
Securrency, the U.S.-based developer of institutional-grade, blockchain-based financial and regulatory technology, has appointed Nadine Chakar as CEO. Her appointment will allow Dan Doney, Securrency’s founder, who has served as the company’s CEO and lead architect since its inception, to focus on innovation, technology delivery, and commercialisation by continuing to serve as chief technology officer. Most…
State Street hires UBS senior for European role
State Street has appointed Dr. Andreas Przewloka as CEO for State Street Bank International GmbH (SSBI). Based in Frankfurt, Przewloka reports to Joerg Ambrosius, chief commercial officer for State Street and chairman of the board of SSBI. He will lead State Street’s custody and investment servicing business across continental Europe. He joins State Street from…
MUFG hires from Citi for APAC push
MUFG Investor Services, has appointed Fi Dinh as head of fund finance for the APAC region. She joins from Citi Private Bank, where she led a portfolio of private equity fund finance relationships and directed the ESG-linked financing initiative for the business globally. In her new role, Dinh will focus on expanding the fund financing…
EPF expands BNY Mellon mandate
The Employees Provident Fund Board of Malaysia (EPF) has appointed BNY Mellon to deliver an investment accounting service. In addition to custody solutions BNY Mellon currently provides for the EPF, this broader remit aims to deliver a solution for fund accounting and administration of the entire public assets of the EPF, with increased automation and…
NZ Super renews with Northern Trust
New Zealand’s sovereign wealth fund, the NZD58.7bn (USD37.2bn) NZ Super Fund, has renewed its longstanding asset servicing and custody relationship with Northern Trust, which will continue to provide global custody, compliance monitoring and securities lending services. The fund first appointed Northern Trust in 2007.
HSBC appoints head of global product delivery
HSBC has appointed Alistair Bentivoglio as head of global product delivery for securities services. This role brings together the direct custody & clearing and investor services delivery functions. He joined HSBC’s securities services strategy team in 2020 from BNY Mellon. He reports to Sébastien Danloy, interim global head of securities services, and will join the…