Apex Group closes acquisition of BRL Trust Investimentos
The transaction expands Apex’s growing presence in Latin America, with an addition of 160 new employees and a new office in São Paulo.
The transaction expands Apex’s growing presence in Latin America, with an addition of 160 new employees and a new office in São Paulo.
As part of the launch, BNP Paribas Securities Services has become a direct participant in the Chilean CSD, Depósito Central de Valores.
State Street has hired a 20-year Latin America securities services expert to lead its sales and client growth strategy in the region.
The acquisition of MAF will add nearly $12 billion in assets under administration and custody, and increases its overall headcount in the Americas to 400 staff.
Citi has become a key partner for Latin American-based exchanges and CSDs to attract international investors and improve liquidity.
Gallagher, who was named on of GC’s 30 People to Shape the Future last year, has taken on a new role within the bank' s wider US investment bank business.
The new office will enable BNP Paribas to offer institutional clients a complete pan-Americas fund services solution.
The deal is its largest in the Latin America region for BNP Paribas after onboarding Protección’s foreign portfolio of $7.5 billion in assets.
The new dealing services will enable distribution of Irish UCITS ETFs to the Asia-Pacific and Latin America regions.
Argentina's Caja de Valores is the second Latin America-based CSD to use Nasdaq for their post-trade technology overhaul.