Lehman's hedge fund clients have only started to regain assets that have been frozen for nearly five years, with the bank's crash precipitating changes in custody arrangements.
Tag : hsbc securities services
In partnership with HSBC
Asia managers need to identify the right business model and focus on core competencies, says Glenn Kennedy, regional head of hedge funds sector for HSBC Securities Services.
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The launch widens HSBC's footprint in the lucrative market for third-party agency clearing services in Asia.
Ex-Deutsche executive Nico Torchetti will develop services for HSBC’s burgeoning third-party agency clearing business.
The level of RMB deposits in Hong Kong leaped by Rmb60 billion in just over a month last year. HSBC Securities Services is among those excited about the emergence of a new asset class.
Schroders Singapore chooses HSBC Securities Services as its sole trustee, custodian and fund administrator, having previously split those services between HSBC and OCBC Trustee.
Jitendra Somani and Edmond Ng are the latest additions to HSBC Securities ServicesÆ Asia-Pacific global custody leadership line-up.
The UK bank rotates three senior custody executives between Australia, Hong Kong and Japan.
HSBC Securities Services appoints Dan Massey to head business development across Southeast Asia for sub-custody and clearing as the bank continues to expand in the region.