ICMA survey reveals 13.1% decline in APAC repo market
The survey reveals a total outstanding value of $269.1 billion and an average daily turnover of $12 billion across the APAC non-Japan region, marking a 13.1% decrease from 2022 figures.
Tag: APAC
Custody
Fireside Friday with… Citi’s Aashish Mishra
As markets across Asia-Pacific re-emerge from the COVID-19 crisis, Citi's head of direct clearing and custody, Aashish Misra, highlights what digitalisation initiatives will have the most impact on post-trade processes.
State Street strengthens APAC collateral management team
New head joins from Credit Suisse and brings almost two decades of experience in securities finance, liquidity and financial resource management.
State Street hires Deutsche Bank’s securities services product head for APAC role
State Street appoints Deutsche Bank's global head of securities services product development to lead the rollout of an end-to-end product strategy for the APAC region.
Citi receives go-ahead to launch domestic custody business in China
Citi will be able to begin offering local custody services to China’s $19 trillion asset management market, which has been a long-term target for global custodians.
Fireside Friday with…. State Street’s Mostapha Tahiri
Custodians will have to deliver outsourcing service models that can support and accelerate growth for some of Asia's largest asset owners and managers, according to State Street's head of APAC Mostapha Tahiri.
State Street and Korea’s NPS extend servicing agreement
Renewal will be welcomed by State Street as it retains servicing contract for almost $250 billion in assets.
BNY Mellon creates new trustee role for Hong Kong
BNY Mellon has hired the former head of trustee services for Hong Kong at BBH for a newly created role within the International Trustee and Depositary division.
Cowen expands capital introduction team with two former hedge fund execs
Former hedge fund executives joins Cowen's global capital introduction team, where it seeks to expand its coverage in Asia-Pacific and the US.
BNY Mellon sets out ambitious growth plans for Japan with string of hires
BNY Mellon has made three senior appointments over the past six months, most recently recruiting a new head of asset servicing and digital for Japan.