New products

Wicks to head Northern Trust EU bank

Northern Trust has appointed David Wicks as Head of continental Europe, subject to regulatory approval. Additionally, Northern Trust says it will create an EU-banking presence in Luxembourg. In this newly created role, Wicks will lead Northern Trust's business in continental Europe, working closely...
Deutsche Bank executes two of first Bond Connect transactions

Deutsche Bank (DB) announced today that it executed two transactions leveraging the newly launched Bond Connect programme, a scheme that gives international investors "Northbound" access to trade domestic Chinese bonds via a platform jointly provided by Hong Kong Exchanges (HKEX) and China...
Citi launches online platform for custody and fund services

Citi reports the rollout of Citi Velocity Clarity, which it describes as a comprehensive data and analytics platform using Big Data technology delivered through an integrated suite of advanced online functionalities. It says the platform consolidates and analyzes data across multiple Citi Custody...
BNY Mellon and One Investment Group create strategic alliance

BNY Mellon and One Investment Group (OIG), an independent service provider to Australian funds management businesses, say they have entered into an agreement to offer global custody services to Australian fund managers, trustees and responsible entities. This agreement provides OIG clients with...
BNY Mellon's Pershing launches no transaction fee ETF platform


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