Are custodians facing unfair punishment because a criminal like Bernie Madoff went undetected?
Jitendra Somani and Edmond Ng are the latest additions to HSBC Securities ServicesÆ Asia-Pacific global custody leadership line-up.
Senior partner Andrew Tucker moves to Hong Kong from New York as the custodian's first Asia-Pacific head based in the region.
Australia is the latest country to be reorganised under JP Morgan’s new Asia-Pacific treasury and securities services management structure, with Japan next in line for a new appointment.
Shaun Parkes, worldwide securities services head at JP Morgan, says demand for bundled global custody solutions will grow in 2010.
Deutsche Bank plans to roll out global third-party securities lending as it completes its acquisition of Dresdner Agency Securities Lending.