BNY Mellon acquires Danish depositary business from Nykredit
The acquisition is the latest effort by BNY Mellon to expand its capabilities in Denmark and the Nordic region.
Tag: depositary
CACEIS in Germany to provide depositary services to Axxion
Axxion’s has transferred nine of its open-ended special alternative investment funds (AIFs) to CACEIS in Germany.
RBC I&TS director for trustee and depositary business to depart
Former RBC I&TS, Northern Trust and Natwest Trustee and Depositary Services veteran to step down.
NatWest Trustee and Depositary Services snaps up former Morgan Stanley European PB exec
UK-headquartered depositary appoints Morgan Stanley executive to lead customer services and operations.
Apex Group receives approval to launch depositary activities in the UK
Depositary license extends Apex’s offering which also includes Luxembourg, the Channel Islands, Malta and Ireland.
European Commission’s AIFMD review could see expanded depository role for custodians
A potential AIFMD passport and UK equivalence could smooth the way for UK custodians to expand their depositary services across the EU market.
RBS International Depositary Services names new head of Luxembourg business
New lead for RBS’ depositary services business in Luxembourg as long-serving team member earns promotion.
BNP Paribas to acquire Banco de Sabadell’s depositary business
BNP Paribas has been active in the depositary acquisition space in recent years, after acquiring Italy's third largest depositary bank in 2018.
FCA turns attention to depositaries following Woodford blow-up
Depositary industry faces mounting speculation that it could face increased regulatory scrutiny as a result of the Woodford episode.
Hong Kong financial watchdog proposes oversight of custodians
Hong Kong's SFC is proposing a new type of licensed activity for trustees and custodians of collective investment schemes (CIS).