Clearstream has moved the Belgian, Dutch, French, Italian and Luxembourg markets onto its new TARGET2-Securities (T2S) investor-central securities depositories (ICSD) model. According to the European ...

Citigroup Inc. (NYSE:C) is one of the most undervalued stocks to buy and hold for 5 years. On October 1, Citi Investor Services, the provider of the bank’s post-trade platform, announced a major ...

Schroders, a London-headquartered global investment manager, has welcomed the launch of its Global Digital Assets Centre of Excellence in Singapore. Led by Marita McGinley, global head of digital ...

In August this year the North Dakota Retirement and Investment Office became the first large U.S asset owner to outsource trading to Northern Trust and Melanie Pickett, head of asset servicing, ...

For decades, banks have wrestled with fragmented regulatory data by investing billions in lakes, warehouses and point solutions that promised control but delivered more silos. What financial ...

Custodian bank BNY has migrated half of its employees to a new “platform” operating model, and expects the transition to be complete by this time next year, officials said during the bank’s Q2 ...

Net Income -- RMB 318 million for the quarter, representing RMB 3.65 per ADR share or USD 0.51 per ADR share, and a 12% decrease from the preceding quarter. Net Margin -- Slipped to 20% from 22% in ...

Northern Trust (Nasdaq: NTRS) today announced the appointment of Katherine McCabe to lead the OCIO strategy for its Asset Servicing business unit. In this newly established role, McCabe will be ...

The financial services firm based in Houston tried to buy a Chicago community bank three years ago as part of a plan to offer ...