BNY Mellon and SNB Capital begin rollout of joint securities services in Saudi Arabia
The service builds on the alliance struck between BNY Mellon and NCB Capital - now SNB Capital following its merger with Samba Capital – in October 2020.
Tag: Saudi Arabia
Market Infrastructure
Fireside Friday with …. Clearstream’s Samuel Riley
Samuel Riley, executive board member and head of investor services and financing at Clearstream, speaks to GC on how the ICSD is helping the post-trade industry to fill in the gaps with data.
Clearstream appoints HSBC to open CSD link to Saudi Arabia
The link will allow eligible international investors to hold Saudi fixed-income securities and ETFs via a foreign nominee omnibus account structure for the first time
Custody
Fireside Friday with… BNP Paribas Securities Services’ Alvaro Camunas
BNP Paribas Securities Services has been one of the most active banks in establishing partnerships with FinTechs and other third-party providers. Alvaro Camunas, head of client development at BNP Paribas Securities Services, explains to Global Custodians the motives behind these recent moves.
BNP Paribas Securities Services establishes global custody partnership in Saudi Arabia
The joint servicing model between BNP Paribas and Riyad Capital is the first of its kind in the Kingdom and the region, according to the two firms.
Fireside Friday with…. HSBC’s Adnan Hussain
Emerging markets are attracting increased securities lending activity from international investors as beneficial owners seek new revenue streams, and positive developments in China and Saudi Arabia are fuelling this further, according to Adnan Hussain, global head of securities lending at HSBC.
HSBC conducts first ever securities lending transaction in Saudi Arabia
Global custody banks have expanded their services in the region in order to capitalise on the opening up of Saudi Arabia’s securities markets to foreign investors.
BNY Mellon and NCB Capital strike deal to offer global custody in Saudi Arabia
NCB Capital’s institutional and large asset owners based in Saudi Arabia will have access to BNY Mellon’s global custody, asset servicing, data and technology capabilities.
Northern Trust makes senior appointments to Middle East and Africa unit
The new appointments will aim to bolster Northern Trust's operations in Saudi Arabia and the wider Middle East and Africa region.
State Street expands Middle East presence with new office in Saudi Arabia
The new office will provide on-the-ground services to both institutional investors and asset managers, as it looks to strengthen its current service offering in the Middle East.