AsianInvestor is pleased to announce its Asset Management Awards for 2018. Today we start with asset services – here is everything you need to know.
The French firm sees Lawrence Au step down after nearly six years in the role and take on a transitional post as part of his retirement plan.
The US bank has finally found a replacement for Philippe Dirckx, who left in January. George Hindmarsh takes on responsibility for Citi’s direct custody and clearing business.
Laurence Bailey, the bank's Asia-Pacific CEO of worldwide securities services, offers his views on securities lending, bundled custody solutions, collateral management, depositary receipt services and transition management.
Endre Markos joins from Bloomberg to take up the newly created role in Hong Kong.
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.
The UK bank continues the global build-out and link-up of its securities-services business with the appointment of a senior transfer agency services exec in Hong Kong.
JP Morgan worldwide securities services has lost its Australian and New Zealand head of sales to Citi, where he'll head investor sales out of Sydney for the securities and fund services unit.
And these firms should consider outsourcing, which carries in-built insurance against pricing errors, says Chris Ryan in his new role at Citi securities and funds services.
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.
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.