State Street appoints new country heads for core European markets
New appointments will be responsible for developing business, stewarding client engagement, and building on State Street’s market network in Europe.
New appointments will be responsible for developing business, stewarding client engagement, and building on State Street’s market network in Europe.
French securities services provider to act as global custodian, while Helaba Invest will work on specialised asset servicing.
Axxion’s has transferred nine of its open-ended special alternative investment funds (AIFs) to CACEIS in Germany.
State Street will continue to provide collateral management services for the complete mutual fund range of Union Investment in Germany and Luxembourg.
BNY Mellon has bolstered its business in the region with several strategic hires over the past few years.
The business will be structured around two newly created divisions, with the aim to broaden its fund administration solutions offering to German clients.
SGSS Germany and MFEX will collectively provide trading, custody services, and rebate collection for several thousand ebase funds.
Clearstream went live with the InvestorCSD model last year with the aim of providing banks a single access point to both T2S and its ICSD services.
HSBC snaps up long-serving BNP Paribas securities head for Germany, the Netherland and Nordics.
BNY Mellon is developing a new trust and depositary model for common processes and practices across Europe.