Custody, clearing etc

HSBC declines to comment on Nabi departure reports

HSBC is formally declining to comment on market reports that Jason Nabi has left his role as Managing Director and Global Head of innovation at HSBC Securities Services, after serving just over a year in the post. Nabi served in the role from January 2018 to February 2019.  He was a founding member...
State Street to strengthen FX platform

State Street Corporation announced today that FX Connect, its foreign exchange execution venue that helps firms efficiently manage multiple portfolios, connect with brokers and streamline global operations, is enhancing its trading technology to provide a more agile and innovative platform for  its...
Millennium Trust continues to grow

Illinois-based Millennium Trust Company, a provider of retirement and institutional custody services to advisors, financial institutions, businesses and individuals, says that 2018 was for it a successful year of transactions, expanded offerings and overall growth. It says that it continued on the...
Eurex clears first swap transaction for US end clients

Eurex Clearing, one of the world's leading central counterparties (CCP), reports that it has cleared its first swap transaction for end-clients domiciled in the US. It says that Citi is the first futures commission merchant (FCM) offering client swap clearing through Eurex Clearing and adds that...
Mixed results for 2018 at Societe Generale


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