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Showing 131 - 140 of 769 results for "Custody"

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... custodian. As part of an agreement, NAB Asset Servicing is referring some of its clients to Citi and giving its Australian custody client base the option to transition. Citi has served as NAB Asset Servicing's global custodian since 2016. The group ...

BlackRock files for bitcoin ETF

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
... delayed or rejected applications for spot bitcoin ETFs, citing fears about fraud, manipulation, and the lack of sound custody options. The SEC has rejected proposals for spot bitcoin ETFs from asset managers Valkyrie and Kryptoin. Previously, the regulator ...

Co-heads take charge of FI&C at BNP Paribas APAC

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... will cover South Asia and Pacific regions. He'll be responsible for derivatives and execution clearing, digital, global custody, and local custody. The co-heads will report to head of Asia Pacific for securities services Frank Dubois and to the global ...

Citi awarded custody mandate by Mason Stevens

ANDREW MCKEAN  |  MONDAY, 1 MAY 2023
Citi Securities Services has been awarded a custody and integrated execution services mandate by wealth platform Mason Stevens. As Mason Stevens looks to deliver "premium" wealth management solutions, Citi Australia and New Zealand's head of securities ...

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... concerns. Nugara was arrested in October 2022 on 35 counts of obtaining financial advantage by deception. He is currently in custody. After fleeing Australia in 2019, it is alleged Nugara was living in Bali, Costa Rica and Mexico City. Other sources ...

Citi names local chief executive

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... meet its global strategy to become a more focused, better-connected and simpler bank. Citi is steadily growing its local custody business. Citi's total assets under custody in Australia have seen marginal growth, according to data released in February ...

SG Hiscock commences abrdn fund changes

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... will become the SGH Australian Small Companies Fund, as SG Hiscock becomes manager and promoter. Apex will also take over custody and administration responsibilities. Again, there will be no changes to the fund's strategy or fees. Portfolio management ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... Assets Bill introduced a new licencing framework, consisting of three authorisations: Digital Asset Exchange, Digital Asset Custody, and Stablecoin Issuance. For Digital Asset Exchanges, the Bill proposes minimum capital requirements, participant conduct ...

Another Aussie mandate for Apex Group

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
... gross dividend yield of the benchmark. Apex Group has been appointed to provide fund administration, transfer agency and custody services, alongside trustee to the fund K2 Asset Management. Already this year, Apex Group has been appointed by local funds ...

Saxo launches managed portfolios

KARREN VERGARA  |  TUESDAY, 28 MAR 2023
... bonds, stocks, and alternatives ETFs. The portfolios charge 0.95% on average and there are no platform fees, entry, exit or custody fees. Manish Prasad, Saxo Bank's head of Asset Management APAC, told Financial Standard that Saxo created the solutions ...