State Street has been appointed to provide custody services for Bladex, a Panama-based multinational bank established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the region.
Month: May 2023
BlueDrive selects Eze Eclipse
BlueDrive Global Investors LLP, a London–based investment firm, has selected Eze Eclipse as its front-to-back investment management platform.
ASCENT expands to UK
The ASCENT Group, a Singapore-based fund administrator with USD20bn AuM, is expanding into the UK market. Jamie Spark will be managing director of Ascent Fund Services (UK) Ltd. Having previously led business development in Australia.
SC signs MoU for Dubai digital custody
Standard Chartered Bank has signed a memorandum of understanding with the DIFC Innovation Hub to launch digital asset custody services in Dubai, powered by Zodia Custody.
BNY Mellon hires chief commercial officer
BNY Mellon has appointed Cathinka Wahlstrom as chief commercial officer. In this capacity, she will lead the bank’s Global Client Management function, and will also take on a leadership role for coordinating and maximising the contributions of its sales and relationship management teams across the company. Ed Fandrey, who was hired as head of global…
JTC appoints new CEO of INDOS
JTC, the C.I.-based administrator, has appointed Abi Holland as CEO of INDOS Financial, a UK-based provider of fund depositary and oversight services which JTC acquired in2021.She takes over the role from Alan Davies, who will continue to work with INDOS until his retirement.
Artemis consolidates with Northern Trust
Northern Trust has been appointed to provide a range of solutions for Artemis, a UK-based asset manager with >GBP24.3bn (USD30.1bn) AuM The deal sees Northern Trust appointed as Artemis’ single provider of asset servicing solutions. The agreement includes the provision of investment operations outsourcing solutions, fund administration, depositary, global custody and transfer agency services for…
State Street launches carbon asset service
State Street has launched a carbon asset servicing solution and depositary services to enable clients to integrate carbon-related assets into their portfolios. State Street aims to simplify the management of carbon assets for clients. Additionally, clients accessing the solution will be able to incorporate carbon assets into both existing ESG and non-ESG portfolios, using State…
Dale Smith to retire from U.S. Bank
After a distinguished 45-year career with U.S. Bank, Dale Smith is to retire. He is currently head of the Wealth Management & Investment Services Transformation Office, and has overseen the migration of its custody business to the SEI Wealth platform. During his storied career he led expansion of the trust & custody business from USD400bn…
Crestbridge hires Ireland compliance head
Crestbridge, the C.I.-based alternatives administrator, has appointed Paul Phelan as head of risk & compliance in Ireland. He will be responsible for risk, compliance and MLRO for Ireland. He was previously with Link Group.