Arindam Das, the new head of HSBC Securities Services for the Middle East and Africa, also plans to expand the firm's agency clearing product in the Gulf region.
Draft rules could make custodians liable for the assets of alternative investment fund managers and might also extend to Ucits-compliant products.
Schroders Singapore chooses HSBC Securities Services as its sole trustee, custodian and fund administrator, having previously split those services between HSBC and OCBC Trustee.
Standard Chartered loses out as Allianz hands Citi its insurance custody mandate for Asia, soon after the Bank Consortium Trust replaces HSBC as custodian of RCM's Hong Kong ...
Jitendra Somani and Edmond Ng are the latest additions to HSBC Securities Services’ Asia-Pacific global custody leadership line-up.
Fund managers will seek help from administrators to reduce costs in 2010, as slow fund growth continues, predicts Alastair Murray, HSBC’s Asia-Pacific head of fund services.
The bank names Jayant Rikhye as head of IFS Asia.
New service allows HSBC to clear positions on behalf of NSE-traded derivatives.
The firm becomes the first foreign bank to receive approval to offer custody services to PRC banks with overseas wealth management services.
HSBC, Standard Chartered and Citibank all made it into the top ranks of Global Custodian magazine''s 2000 Major Market Agent Bank Review in Hong Kong.