Laurence Bailey, the bank's Asia-Pacific CEO of worldwide securities services, offers his views on securities lending, bundled custody solutions, collateral management, depositary receipt services and transition management.
Arindam Das, the new head of HSBC Securities Services for the Middle East and Africa, also plans to expand the firm's agency clearing product in the Gulf region.
The UK bank continues the global build-out and link-up of its securities-services business with the appointment of a senior transfer agency services exec in Hong Kong.
JP Morgan worldwide securities services has lost its Australian and New Zealand head of sales to Citi, where he'll head investor sales out of Sydney for the securities and fund services unit.
And these firms should consider outsourcing, which carries in-built insurance against pricing errors, says Chris Ryan in his new role at Citi securities and funds services.
Schroders Singapore chooses HSBC Securities Services as its sole trustee, custodian and fund administrator, having previously split those services between HSBC and OCBC Trustee.
Australia is the latest country to be reorganised under JP Morgan’s new Asia-Pacific treasury and securities services management structure, with Japan next in line for a new appointment.
Fund managers will seek help from administrators to reduce costs in 2010, as slow fund growth continues, predicts Alastair Murray, HSBCÆs Asia-Pacific head of fund services.