Thomas DuCharme has left Deutsche Bank to run JP Morgan's treasury and securities services team in Asia-Pacific, while Laurence Bailey of its sec-services division is due to retire.
The bank's Middle East custody and clearing business now extends to five markets, with the addition of six staff.
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 MPF funds.
Jitendra Somani and Edmond Ng are the latest additions to HSBC Securities ServicesÆ Asia-Pacific global custody leadership line-up.
BNY Mellon adds David Brown to its broker-dealer sales team for collateral management and securities clearance.